thaitraderoficial
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Update #BTC 12/03 Yesterday was marked by few liquidations in buying. Today, we can see that a heavy boxing match is about to happen, the big players are back in action 🥊. Our second weekly candle is in line with what we discussed: green, showing buying volume confirming what the larger time frames indicate (bull flag). The correction is within expectations, and yesterday it reached our closing range at 76. Everything is under control!
🕹️ The #ALTCOINS follow the dominance of BITCOIN, NORMAL. Nothing new!
What do we want with all this? ALTSEASON! We are ready! Haha
Is there buying strength? Not yet. We only have an alert for a possible entry of buying strength in the 4-hour period, on the daily and weekly, so it is normal to see a nice bounce.
• BOUNCE: is when the price rises after downward movements, but it usually does not have the capacity to reverse the trend.
Resistance at 86, if broken, could seek 89 to test the price.
‼️Let's keep an eye on the market from the outside, which just opened positively. If it starts to rise again, BTC will follow. For those who don't know, BTC tends to correlate with the S&P500. As long as the index is below the 200 average, it can be a cause for concern, and for this reason, I will talk about this frequently. FOR NOW, positive signs.
Complete analysis, to remind! It's good to read kkkk 👇🏽
🥷
$BTC
#UkraineRussiaCeasefire #TheBitcoinAct #BinanceAlphaAlert
🕹️ The #ALTCOINS follow the dominance of BITCOIN, NORMAL. Nothing new!
What do we want with all this? ALTSEASON! We are ready! Haha
Is there buying strength? Not yet. We only have an alert for a possible entry of buying strength in the 4-hour period, on the daily and weekly, so it is normal to see a nice bounce.
• BOUNCE: is when the price rises after downward movements, but it usually does not have the capacity to reverse the trend.
Resistance at 86, if broken, could seek 89 to test the price.
‼️Let's keep an eye on the market from the outside, which just opened positively. If it starts to rise again, BTC will follow. For those who don't know, BTC tends to correlate with the S&P500. As long as the index is below the 200 average, it can be a cause for concern, and for this reason, I will talk about this frequently. FOR NOW, positive signs.
Complete analysis, to remind! It's good to read kkkk 👇🏽
🥷
$BTC
#UkraineRussiaCeasefire #TheBitcoinAct #BinanceAlphaAlert
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