Diary of $BTC !!!
As we can see, BTC held on to the previous top, which is naturally a very resistant region. It is a region that may take a while to break through.
In the concept of "TECHNICAL ANALYSIS", the bottom is a buying region and the top is a selling region. So, should I sell at this top? Since I bought during the previous pullback, I will not sell just because it reached the 100% top. I will wait for the Fibonacci top, which is 161.8%, as I have already taught how to calculate and I will leave the link here.
Como calcular o alvo de 100% e 161,8%
Technically speaking, this is not the time to buy. I intend to buy more when it drops to $64,000.00 to sell at the 161.8% target, which is $78,000.00.
If it doesn't drop to $64,000.00, you won't open a purchase, then $78,000.00 is the selling zone.
My followers already know this, but it doesn't hurt to remember that the chart always goes up and down, at some point it will go down and when it goes down, we buy.
Be patient and disciplined, and you will achieve good profits.
As we can see, BTC held on to the previous top, which is naturally a very resistant region. It is a region that may take a while to break through.
In the concept of "TECHNICAL ANALYSIS", the bottom is a buying region and the top is a selling region. So, should I sell at this top? Since I bought during the previous pullback, I will not sell just because it reached the 100% top. I will wait for the Fibonacci top, which is 161.8%, as I have already taught how to calculate and I will leave the link here.
Como calcular o alvo de 100% e 161,8%
Technically speaking, this is not the time to buy. I intend to buy more when it drops to $64,000.00 to sell at the 161.8% target, which is $78,000.00.
If it doesn't drop to $64,000.00, you won't open a purchase, then $78,000.00 is the selling zone.
My followers already know this, but it doesn't hurt to remember that the chart always goes up and down, at some point it will go down and when it goes down, we buy.
Be patient and disciplined, and you will achieve good profits.