MaxsimusTrade

Bitcoin Thoughts And Analysis

Long
MaxsimusTrade Aggiornato   
BITSTAMP:BTCUSD   Bitcoin
I will try to do a weekly review.

◾️At the moment, we are looking at a weekly close below the 200MA. Although all week we traded higher. Let's look at it on Monday and draw some conclusions.
Commento:
If we switch to the daily chart, we see a fixation at 200MA.
Commento:
Technical side:

◾️We have a LOCAL countertrend line that has been holding the downtrend for a long time. Technically, we should test the countertrend line on the reverse side. The level is in the range of $20.000

Commento:
Globally, we tested the 0.2 Fibonacci resistance - the fall correction. Only at the close of the 4h candle above 24.500 is it possible to go long to the next level of $26.000.

Commento:
Technical side:

◾️#BTC
At the moment, I see only one deal, I don’t want to enter from the current ones.
◾️Set orders: 21800 / 21700 / 21555 / 20900.
◾️Stop loss: 19900
◾️Take profit: 26400
Up to 20% deposit per trade.

Commento:
News background!

◾️The news about Tesla that came out, bullish or bearish?
◾️It is logical that everyone will short this news, right?

▪️What does MarketMaker do? drags the price down (well, of course, it liquidates belated longs, + drives shortists into a trap for the news?

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