BTC FUNDAMENTAL AND TECHNICAL ANALYSIS

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@nsg_usd - 1 month ago
Quoted - asuquokelvin

Am surprised that the news didn't show any volatility on BTC, it is just trading calm and easy

Yeah. price has been stabled a bit.
BTC- price is reacting to the upper boundaries of the 4hr bearish channel, will expect sells tomorrow unless price invalidates the channel.

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@nsg_usd - 1 month ago
Quoted - godspowerdan

The buys are now visible on the chart

Despite the buys, I'm expecting sells on BTC, because of the bearish channel.

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@nsg_usd - 1 month ago
Quoted - israeljasspu

I believe btc is bullish

BTC- The short continuations going on as expected. Price respected the channel. it's till next that we'll see the buy continuations.

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@asuquokelvin - 1 month ago
Quoted - nsg_usd

Yeah. price has been stabled a bit.
BTC- price is reacting to the upper boundaries of the 4hr bearish channel, will expect sells tomorrow unless price invalidates the channel.

I was expecting price to do that stuff, because I saw the sell earlier in the morning, it gave exactly liquidity sweep, reverse and breakout, although its not my trading time, so just decided to risk very little incase it fails

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@nsg_usd - 1 month ago
Quoted - asuquokelvin

This was my expectations but price was too fast

Oh. would have really been a great sell.
there's a bearish 4hr flag it needs to invalidated for the sells to continue.

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@nsg_usd - 1 month ago
Quoted - godspowerdan

I'm seeing buys

Okay. My buy interest level is at 62000.

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@nsg_usd - 1 month ago
Quoted - godspowerdan

I'm seeing buys

Price can possibly buy from the 63750-price level. but I'm not interested in the buys from that level. 62000 will be a good level to buy from.

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@nsg_usd - 1 month ago
Quoted - godspowerdan

Price retraced and it may react from that key level

Let's just watch and see. I'm expecting the sells to continue through at least till next week before we see good buys.

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@asuquokelvin - 1 month ago
Quoted - nsg_usd

Alright.
BTC drops down soon to reach 62,000 as expected.

Imagine I would have bagged a 1:8RR today but price missed my entry, I will remove my limit

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