We are touching my area of interest, for a bounce on BTC!!
Here is the chart I posted back at the beginning of February, showing my buy level and target area. You can read the post here What now for Bitcoin??
Well, we are back at another buy level for a bounce, and now I am waiting on an entry.
Bitcoin has proven that it is still the leader in the field, and whatever it decides to do, the Altcoins will follow. And of course as it happens, many of the other coins are also at buy areas. Now we just need the entry signal!
This entry would be for a short term bounce, as I still want the markets lower overall.
Disclaimer
I am not responsible for any losses you may incur as a result of acting on any of the content contained in this article. I make no recommendations to buy or sell, and this post is purely for information and education purposes. Opinions expressed here are my own, and you should seek advice from a financial adviser.