Turtle Crypto Analysis (TCA Free)
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Important day tmr 15 May #PPI announcement 📣 coming out at 8.30 ET
So saying this:
1: don’t FOMO buy over old highs
2: in bullish conditions fakeouts on old lows are Bullish and a good buying opportunity in general
Risk is quite high up here but from my experience with #BTC it’s always wiser to follow the trend (up) unless we have clear signs on the daily timeframe that we are in fact in a downtrend
If they can’t take it down in 2 days #PPI announcement 📣 prepare for the ATH
if it can close 15m over 103.7 i will long towards 104-106 area. not touching it otherwise
Sidelined until NY open for a clear read good luck everyone see you soon
On the other hand btc is still showing strength no major signs to chase the other side
If we think logically yes there’s fomo right now and long positions are in profit. So if they want to run for the easy liquidity it will be a selloff event
