

The Trading Capital
13.2K posts

@TTradingCapital
Join our FREE communities here: 👉🏼 TG: https://t.co/ER7LXEqVnJ 👉🏼 Discord: https://t.co/dgMGim6Ndm







Using same indicator, same strategy, starting to scale back in to $ETH here Trading can be very simple if you have the patience, even if sometimes things look really too apocalyptic.


$BTC No change since last update, $BTC is holding strong just above my main accumulation area. I have already bought once in the area noted in the pic, and im waiting for more wicks in that area to load up more. Though, the weekly PA around 200EMA here is BEAUTIFUL: I think a bounce from here is very likely 1W RSI is close to the most oversold in history. Either way, buying in this area is going to be a generational opportunity in a few years time. Play it safe, play it patient. Don't wait for 30k-40k to do your first buys, but rather DCA slowly because markets DON'T WAIT FOR ANYBODY!





Next week is going to be a big one. This week, volatility has been non-existent and Bitcoin is the same price today as it was on Monday. The only areas I'm interested in are: - $72,000 - $64,700 If we head to $64,700 I'll be looking for longs and $72,000 just a LTF short. It would be my preference that we take out these equal lows here... I do not think we need to take the $60k low. I could really see $72k being tagged "we're back"... then dropping to $64k "its so over"... And then reversing hard. Either way, I am not expecting another impulsive leg lower... but i have been wrong before.





