Fan Crypto

2021-12-05 08:19:46 Is very possible that the crypto market has entered BEAR MARKET
This is something that I keep telling you for quite some time

This should not be a concern, because you can trade on the short side

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https://t.me/IacobMihai Open / Comment

2021-12-05 08:16:48 #Bitcoin- Down again?

After breaking under the much-discussed support from 50-52k zone, Bitcoin fell aggressively and made a low above 41k .
A rebound was normal after such a drop and now the price is hovering under 50k, digesting losses.
In my opinion, we will have a new drop from BTC in the coming days and this rebound can be considered a good opportunity to open short trades.
50-52k zone is now resistance and only a clear break above would lift some of the pressure from the sell-side Open / Comment

2021-12-05 08:04:02 Bitcoin fell aggressively yesterday and, aside from the fact that we have been warning about a possible decline, can we learn anything from this mini-crash? I think so...

1. Overconfidence - Everyone was expecting a new ATH for BTC by the end of the year. So all we had to do was buy at 55k, wait a month, and earn 30% profit. Is it that simple?
2. When things are too obvious is most likely a trap- For 36 hours before the crash, bitcoin stood on very obvious support, like an invitation to buy. And, again, is it that simple? Will Bitcoin stay still on clear and visible support so that everyone can see, buy and make money?
3. Do not anticipate a pattern- a lot of analysts called an H&S pattern in BTC . But for that to have been an H&S , the formation had to be complete first, that is, to have a break above the neck, which did not happen.
4. Overlaverage- A lot of newbie traders have entered into the trade with the firm belief that BTC will not fall below 50-52k area and overexposed the account. Open / Comment

2021-12-04 08:52:14 Is very possible that the crypto market has entered BEAR MARKET
This is something that I keep telling you for quite some time

This should not be a concern, because you can trade on the short side

Join VIP channel to earn money both in rising and falling crypto market
Signals with Entry Point, SL, TP and Money Management recomandation

50% off this weekend: 200eur instead of 400Eur Lifetime Access

More Info:

https://t.me/IacobMihai Open / Comment

2021-12-03 06:43:51 #Bitcoin- The H&S will not pay off (Just my opinion:) )

The more I look at Bitcoin's price action, the more bearish I become.
If I've learnt something trading for 20y is that things like "look, here is support, I will stay here all week for all to see, buy and MAKE MONEY" are in 99% of the cases traps.
Besides, I saw a lot of analyzes arguing an H&S , for us to speak of an H&S the price needs first to pass 60k.
Technically speaking we are in a range and the pressure is on the downside and, as I've mentioned before, a break under support is bearish .
Also, if we have this break, I don't think BTC will stop its descent at 53, again, it will be too obvious and considering that such a break would confirm a more than 2 weeks distribution, the drop should be aggressive.
I will stay with my short trades for the time being and only BtcUsd above 60k would make me rethink. Open / Comment

2021-12-02 06:42:20 #Bitcoin- A break looks imminent

As I said in my previous Btc analyzes, I'm pretty bearish crypto market at this point, and BtcUsd leads the way.
With multiple fails to pass above 60k, Bitcoin is very heavy at this moment and a break of 55.500-56k support looks imminent
A break here will put a lot of pressure on price and we can see Bitcoin at 40k in medium-term
Only, and only BTC above 60k would bring bulls some relief Open / Comment

2021-12-01 10:36:38 #Bitcoin- Another day, another fail

There are 2 weeks already since Btc is trading in a tight range, and, excepting the drop for 2 days under 56k zone, the resistance is 60k zone and support just under 56.
As long as the price is stuck between these two levels, it has no clear direction. A sustained break above 60k would put pressure to the upside and a new ATH is not out of the question.
However, a drop under 55.500 is very bearish and in my opinion will be the beginning of a medium-term down trend.
I'm waiting for clarification and till then I m out of any trade Open / Comment

2021-11-30 12:23:54 #Bitcoin- Bulls need 55.500-56k zone intact

Yesterday I was wondering if Bitcoin has resumed its bull trend and so for, from my point of view, things are not clear.
The rally started at 53k stopped in 59k resistance zone and now Bitcoin is in a pullback.
If this is a correction for 53k-59k rally remains to be seen, but as long as the price is under the recent low we can't call for a resumption to the uptrend.
On the other hand, if bulls fail in holding 55.500-56k zone intact, we can have a continuation to the downside and I doubt the recent support will hold this time.
I'm out from any crypto trade at this moment and waiting for clarification Open / Comment

2021-11-29 10:44:07 #Ethereum- I'm pretty sure the correction is over

Ethereum "has held" very well in this correction, with a concrete floor at 4k.
Now the price is challenging the upper side of the recent range and a break above 4.4k would open the door for 5k and even higher
As long as the price is above 4150k bulls are in total control and only a drop under 4k would be bearish Open / Comment

2021-11-29 07:03:17 #Bitcoin- Is this a genuine reversal?

Bitcoin has spent the weekend hovering around 54k recent low, just to spike up a few hours back, in Asian session.
At this moment the price is 57300, well above 55.500 support
Regardless of this 10% rise from the bottom to the top, BtcUsd is still under trendline resistance and the important 60k and the situation is still unclear.
Only a continuation of this rise and a new high above 58.500 would convince me that the correction is over and it is time to buy.
Till then my approach is to wait and see Open / Comment