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CRYPTOZOO (FREE) CRYPTOZOO (FREE) @manager_wfws Β· 3 subscribers
Post #2919 1

Forwarded from 𝕍𝕀ℙ π•Šπ•”π•’π•π•‘π•šπ•Ÿπ•˜ π•Šπ•–π•€π•€π•šπ• π•Ÿπ•€ πŸ”

πŸ”₯ BTC UPDATE 21/08 – PRIORITIZE LONG, BUT DON’T CHASE THE PRICE

The bullish side is clearly in control. On the M15 and M30 timeframes, BTC continues to form higher highs and higher lows, with the price trading above the key EMAs and the EMAs expanding in a bullish direction. πŸ“ˆ
More importantly, the H1 chart has just seen a very strong breakout from the 64K area to above 74K.

However, BTC has moved up very quickly and is now approaching 75K, which is an important psychological level where volatility and profit-taking could occur. Therefore, entering a LONG around 74.5K is not the optimal entry. ⚠️
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