⚡️Okay so quick yet important TA here, Bitcoin following this basic sell off, has come down to that $20,600 level by which I've added the yellow line to mark that support as we had seen this support kick in the previous mountain low as the chart show's encircled.
⚡️Now here's a look at Bitcoin's 3 minute chart to show more in depth of our current touch and go.
⚡️What happens now is gonna be pretty crucial as we want to avoid falling below that yellow line and losing more support which we've already basically done since this point is a lower low then the first one encircled on the main chart above so we REALLY need that support right now to kick in and have those 20/50 EMA's meet up again and flip.
⚡️We just wanna get away from where we are right now and move up but this volatility is crazy, they really did work together and organize that sell-off just as they do with the pumps so it's not unexpected but still to lose all this ground we've been gaining that quick has definitely not been a happy wake up call.
⚡️Gonna leave the idea here and short since it's mainly that I wanted to make you guys aware of for now, I'll post more later if I have time to follow up but just be wary and watch for that yellow line as now it's the real support we want to see, I'll be making another chart later detailing this support line as well as the others below it so make sure your following for that and keeping posted!
⚡️If you'd like to leave a like or follow it'd be much appreciated of course! And always feel free to share my ideas, I wanna reach and hopefully help as many as I can with my insights that I constantly post and work to improve with each and every single day so thank you guys so much for tuning in, wishing nothing but the best and always be sure to do your own proper DD before anything!
~ Rock '
⚡️Now here's a look at Bitcoin's 3 minute chart to show more in depth of our current touch and go.
⚡️What happens now is gonna be pretty crucial as we want to avoid falling below that yellow line and losing more support which we've already basically done since this point is a lower low then the first one encircled on the main chart above so we REALLY need that support right now to kick in and have those 20/50 EMA's meet up again and flip.
⚡️We just wanna get away from where we are right now and move up but this volatility is crazy, they really did work together and organize that sell-off just as they do with the pumps so it's not unexpected but still to lose all this ground we've been gaining that quick has definitely not been a happy wake up call.
⚡️Gonna leave the idea here and short since it's mainly that I wanted to make you guys aware of for now, I'll post more later if I have time to follow up but just be wary and watch for that yellow line as now it's the real support we want to see, I'll be making another chart later detailing this support line as well as the others below it so make sure your following for that and keeping posted!
⚡️If you'd like to leave a like or follow it'd be much appreciated of course! And always feel free to share my ideas, I wanna reach and hopefully help as many as I can with my insights that I constantly post and work to improve with each and every single day so thank you guys so much for tuning in, wishing nothing but the best and always be sure to do your own proper DD before anything!
~ Rock '
