More #BTC Thoughts #TraderSnek
Some more thoughts:
Getting hard to defend this beetcorn price action any more.
Last line of support before low 30s I think - MAYBE some support at like 38, but thats not strong. Really good support at $0, though (I joke, I think?).
Notice: last time we approached this area from above (support), we got a mega-bounce.
Last two times we approached this level from below (resistance), it got smoked.
Had one attempt to break back into the purple and failed. Also, literally one year ago TO THE DAY we tested this area as resistance and got destroyed.
+Legacy markets look shit.
Lets hope the market makers have some tricks up their sleeves. RSI is nuked. Pray-mode activated.
Looks ded, though. Not strong enough to look my alt bags in the face yet. Mazel Tov.
Getting hard to defend this beetcorn price action any more.
Last line of support before low 30s I think - MAYBE some support at like 38, but thats not strong. Really good support at $0, though (I joke, I think?).
Notice: last time we approached this area from above (support), we got a mega-bounce.
Last two times we approached this level from below (resistance), it got smoked.
Had one attempt to break back into the purple and failed. Also, literally one year ago TO THE DAY we tested this area as resistance and got destroyed.
+Legacy markets look shit.
Lets hope the market makers have some tricks up their sleeves. RSI is nuked. Pray-mode activated.
Looks ded, though. Not strong enough to look my alt bags in the face yet. Mazel Tov.
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