The halving hype has died down, Bitcoin dominance will slowly but surely decline, and on technicals I see the following:
> Broke out of a year-long downtrend > Broke out of a month-long downtrend > retested those lines okay > Seems to be finding decent support around this area > Large volume on the previous daily candles > Attempting to get over the MA50 > Over the EMA20
There is a supply shock coming end of the month but I’m not factoring that into the chart. Just playing it as I see it right now.
Not financial advice! Just learning how to chart.
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Going nicely.
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Still trying to get past 37 as resistance.
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Still trying.
Trade chiuso manualmente
Took profit on this trade early. Coming up against resistance and BTC is looking shaky. 33% against BTC and 40% against USDT. Not bad.
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