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Welcome to the Crypto Kids community! Keep in mind that nothing posted on this channel is financial advice, always do your own due diligence before trading or investing. Please see the full disclaimer at: CryptoKid.com/disclaimer
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7 106
Bitcoin has CONFIRMED a weekly close above the 50W moving average.
Historically, $BTC experiences an average appreciation of 2,930% when it goes above the blue-line during a bear market, into its cycle-high.
Benjamin Cowen has famously popularized the importance of 50 MA, and stated that a weekly close above, in parallel to a new local high above $82,700, will confirm a bull market.
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+2
Hello! Bitcoin is bouncing after the BOJ decision. If the highlighted line of resistance is broken, I see us reaching $79,500 (again). Anything above can take us to local highs.
A few orders of my DCA got triggered. Prepared for all scenarios.
Have a great Friday! :)
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To note, there is liquidity which the market wants to take on the upside, we can correct intially before further potential continuation.
I decided to enter now before going to bed to not miss on an entry.
7 106
ETH is forming a quite large W-pattern on it's macro timeframes, along with a traditionally bullish ascending continuation pattern.
Decided to take a LT trade setup, sharing below the details.
Entry: $2,535
Take Profit: $3,350
Stop Loss: $2,365
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My daily upload covering the Clarity Act can be found here in the meantime, I'm very heartbroken. But thank you all for your support:
https://x.com/CryptoKid/status/2099494926451196202?s=20
