This week was interesting and a bit nerve-wracking. Bears were getting ready for their turn and suddenly had it shove up their shorts. Elon didn't miss the opportunity to troll the market with a single #tag sending BTC 20% up! Honestly, it was quite amusing. After the dust settles, things seem to slow down, volumes are dropping. If you want a day off - close your positions, sell any crypto overweight that you have and just enjoy the peace.
For those more adventures of you who still try to fight, trade and squeeze what's possible out there - the position is short. Resistance levels are unclear and unlikely to breach 1370 in the upcoming hours. Forecasted top hights seems to be at a safe distance of 1408. Downwards trend should continue and may reach 1280 with the first strong support line to test at 1245. If it suddenly drops below 1270 we may visit 1245 sooner rather than later.
Enjoy your day off - I know I will 😎🍹
For those more adventures of you who still try to fight, trade and squeeze what's possible out there - the position is short. Resistance levels are unclear and unlikely to breach 1370 in the upcoming hours. Forecasted top hights seems to be at a safe distance of 1408. Downwards trend should continue and may reach 1280 with the first strong support line to test at 1245. If it suddenly drops below 1270 we may visit 1245 sooner rather than later.
Enjoy your day off - I know I will 😎🍹