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The Cycle of Investor Emotions
Remember everyone, when everybody is leaving crypto and is feeling most HOPELESS... Is the point of maximum opportunity. We're getting closer to that point.
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The Cycle of Investor Emotions
The Bitcoin Blues
End of summer light trading has Bitcoin stuck in a range. We can see support in the $62k range, judging from our 'Buy Order Blocks' in Green. But with low volume, we can't trust any of these moves. Today's pump was likely short covering. Bitcoin could mount a rally here, and if it breaks $66k then $70k is in the cards. But I maintain we'll still drop to the $50k range by Sept / October for the lows. To gain an advantage and edge in these markets, check out our 'Pro Suite' signals: www.moonstreamfinance.com/signals (50% for annual plans this week)
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The Bitcoin Blues
Here is a mini-training video on how to read chart patterns...
Here is a mini-training video on how to read chart patterns including: https://app.screencast.com/FVudxaJMaEKCX - Vector Candles (Fair Value Gaps) - Buy / Sell Blocks - TSI on Different Time Frames - Bigger Picture Investing - "Moon or Bust" Trades at 10-20x ROI Fore more info on our trading signals visit https://www.moonstream.com/signals
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CLARITY Act Still Possible in September
I just recorded a video on this as well as overall market expectations for my M3 members and private clients. Have a great weekend everyone! Have a look here: https://app.screencast.com/4wCU6nW7AAsj2
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CLARITY Act Still Possible in September
Bitcoin Rising Wedge Could Go Either Way...
Here we can see Bitcoin is trying to break higher and is attempting to reclaim the 21 and 50 day EMA's here, but really we need to see a break and close above the $66k resistance to be meaningful. There is some buyer support just below at the $62K range (in Green) but this could easily be taken out on the downside with a rejection at $66k. The upside target if $66k breaks higher is heavy seller resistance at the $70k level, so I do think we push up there and reject, then roll over to hit the $50k cycle low range which I've covered in other studies. For more in depth video updates on charts, timely moves, and coin recommendations book a 1:1 call with me at www.moonstreamcoaching.com/start
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Bitcoin Rising Wedge Could Go Either Way...
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Moonstream Crypto Academy
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Moonstream Academy is a community of like-minded crypto enthusiasts wanting to share ideas, improve trading skills, and immerse in everything crypto.
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