Quick assessment $BTC on August 14:
- Daily frame: BTC yesterday had an impressive increase from 118 -123k and broke ATH to 1245xx this morning. I caught this wave perfectly for everyone to earn 4000 price and closed all at around 124k.
Today, BTC is in a correction phase towards 121k. There is quite a large profit-taking force. However, the chart is still in a strong uptrend and hasn't been significantly affected.
Support: 119-120
Resistance: 125 - 130
- 3-Day frame: today's D3 candle opened and is in an uptrend. The D3 candle is currently deep red in the price range of 121xxx. Therefore, I think this D3 candle will successfully pull up with a green wick. Whether the bottom can go deeper or not, I’m not sure.
- Weekly frame: looks quite good in the price range of 1218xxx. However, BTC still does not have strong upward momentum. There is a high possibility that next week and the week after, BTC will reach a price of 10k or more.
=> Assessment:
• After 4 days of being busy and not entering any orders, I have a gift of 4000 price for everyone which is very quality.
• For now, I assess BTC is still increasing, but not rapidly, it will continue to break ATH.
• Next week and the week after, BTC will increase strongly.
• Detailed plan will be updated in the reply.
Wishing everyone success in this uptrend season
