Earlier was the girl, now it's the boy $BTC for everyone:
- The boy is meeting a profit-taking point when the news comes out like the yesterday's report, the negative divergence is still ongoing on H1 & H4. The support zone has been noted in yesterday's post.
- D1 had a nice bullish candle yesterday --> technical retracement but not strong yet, negative divergence still exists.
Trading volume is stable, not too good --> reflecting a cautious market.
- D3 is testing the 115k zone after the adjustment from 123 down to 114
--> may face selling if there is negative news, the upward direction is not clear yet. Negative divergence is still maintained.
💥 Besides the news coming soon as noted in the previous post, currently, there are still potential negative signals:
- Tariffs have been effective since yesterday, but the market's reaction is not strong --> it could be a delayed sell-off often seen in the stock market & crypto.
- If there is a response from China, the EU, or Canada, then the risk-off sentiment will increase (investors flee from risky assets --> heavy selling).
💥 BTC.D is currently fluctuating around 59–60.8%, meaning BTC accounts for more than half of the crypto market, but there is still room for altcoins (including ETH, stablecoins,...) to find growth opportunities.
💥 In general, August is full of volatility, be cautious in and out, everyone ❤️
--- Love all ---
- The boy is meeting a profit-taking point when the news comes out like the yesterday's report, the negative divergence is still ongoing on H1 & H4. The support zone has been noted in yesterday's post.
- D1 had a nice bullish candle yesterday --> technical retracement but not strong yet, negative divergence still exists.
Trading volume is stable, not too good --> reflecting a cautious market.
- D3 is testing the 115k zone after the adjustment from 123 down to 114
--> may face selling if there is negative news, the upward direction is not clear yet. Negative divergence is still maintained.
💥 Besides the news coming soon as noted in the previous post, currently, there are still potential negative signals:
- Tariffs have been effective since yesterday, but the market's reaction is not strong --> it could be a delayed sell-off often seen in the stock market & crypto.
- If there is a response from China, the EU, or Canada, then the risk-off sentiment will increase (investors flee from risky assets --> heavy selling).
💥 BTC.D is currently fluctuating around 59–60.8%, meaning BTC accounts for more than half of the crypto market, but there is still room for altcoins (including ETH, stablecoins,...) to find growth opportunities.
💥 In general, August is full of volatility, be cautious in and out, everyone ❤️
--- Love all ---
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LUMIA
0.335
-5.63%