Hello all
At first check today's crypto market,it is green.
Also alt price have rise. Which means alt season.
source
I will give this types of market look everyday, because it's beautiful in look.
Now btc update.
Bitcoin is forming a symmetric triangle on the 4-hour chart. Bitcoin is now heading towards the resistance line of the triangle. The breakout of the triangle will start a new cycle for Bitcoin and we see a good pump. Also, $60,000 is a physiological resistance level and BTC needs to breaks and holds above it for the next rally. As long as Bitcoin is trading in the symmetric triangle we see a good moment in alts. The breakout time is coming so prepare yourself for moon rides of BTC.
Long Bitcoin
Buy Zone : 57800-58000
You can use maxium 10x more fund
Target : 58500 - 60000 - 60400 - 61000
Stoploss: 55500
NBS
NBS is trading in an uptrend channel and NBS bounced back from the support line yesterday. Bitcoin is stable and this is the time to buy alts. NBS always pumps with BTS and we already see a good rally in BTS. If NBS breaks the uptrend channel, we see a good pump. Place your stop loss below the support line. NBS will pump like SNGLS.
Buy Zone: 74-75
Target: 81-89-98-109-123-137-149-164-178-198
Stop Loss: 65
Thanks everyone for reading my blog.
Hope you all will use my analysis in your daily trade.