Yes! So many people thought cryptocurrencies were just going to keep going up. Well, this month has proven that what goes up must come down. Trading the crypto markets is a patience game and the discounts you will receive should be welcomed.
Want to follow my journey? Click on the link below or keep supporting me on trading view.
LITTLE BIG MOVEMENT LATEST BLOG POST
BTC - I will put it out there in plain sight, that I am a VWAP trader. Pullbacks in price are significant for traders who are trying to find an excellent price to get into the market. If we take a closer look at BTC, we can see that since the start of the month we have had an 11% drop in price from the high at $5650. Looking closer at the charts I am a lot more confident that we will not drop below $ 4700. This would be a 15% drop in the high from April but will create an excellent opportunity for buyers. It is difficult to say when we will be heading back towards $5600.I have highlighted the indecisive area in grey as a warning for buyers or sellers. If you look closely, we have not broken away from the monthly VWAP in either direction, and the past four days the price of BTC has been moving sideways. As of writing the price of BTC has just broken the weekly VWAPs, and this would not be a good time to buy.
"Patience is the key to any market" - Nathaniel.
Next update will be in the coming week - Thank you for your love and support.
Regards
Nathaniel - "THe BiPolar TraDer"
Little Big Movement
Want to follow my journey? Click on the link below or keep supporting me on trading view.
LITTLE BIG MOVEMENT LATEST BLOG POST
BTC - I will put it out there in plain sight, that I am a VWAP trader. Pullbacks in price are significant for traders who are trying to find an excellent price to get into the market. If we take a closer look at BTC, we can see that since the start of the month we have had an 11% drop in price from the high at $5650. Looking closer at the charts I am a lot more confident that we will not drop below $ 4700. This would be a 15% drop in the high from April but will create an excellent opportunity for buyers. It is difficult to say when we will be heading back towards $5600.I have highlighted the indecisive area in grey as a warning for buyers or sellers. If you look closely, we have not broken away from the monthly VWAP in either direction, and the past four days the price of BTC has been moving sideways. As of writing the price of BTC has just broken the weekly VWAPs, and this would not be a good time to buy.
"Patience is the key to any market" - Nathaniel.
Next update will be in the coming week - Thank you for your love and support.
Regards
Nathaniel - "THe BiPolar TraDer"
Little Big Movement
