I do think this has a Strong possibility of happening
MARCH will close as a RED Candle and the statisical expectation is that April will close GREEN and yet there are many reasons why Bitcoin Cannot rise a lot in April to make that Green
SO, We may see March drop down to the 74K area to end the month
This Gives PA the ability to Rise, hit that trend line and still Close the month GREEN and then take off in May.
Why May ?
Because that descending trend line perfectly matches the Weekly MACD decent and the date is when MACD reaches Neutral. Begining of May.
This is also why PA will likely be rejected from the Trend line before MAY
Should PA remain where it is now, it doesn't give a lot of room for April to close Green.
This really is just an Idea so we just need to see if it happens.
I do have a SPOt buy order sitting at 74779 just in case lol
MARCH will close as a RED Candle and the statisical expectation is that April will close GREEN and yet there are many reasons why Bitcoin Cannot rise a lot in April to make that Green
SO, We may see March drop down to the 74K area to end the month
This Gives PA the ability to Rise, hit that trend line and still Close the month GREEN and then take off in May.
Why May ?
Because that descending trend line perfectly matches the Weekly MACD decent and the date is when MACD reaches Neutral. Begining of May.
This is also why PA will likely be rejected from the Trend line before MAY
Should PA remain where it is now, it doesn't give a lot of room for April to close Green.
This really is just an Idea so we just need to see if it happens.
I do have a SPOt buy order sitting at 74779 just in case lol
Nothing to be taken as Financial advice.
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Nothing to be taken as Financial advice.
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.