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Technical analysis by madyanmalfi about Symbol BTC: Buy recommendation (5/16/2021)

https://sahmeto.com/message/2650207
madyanmalfi
madyanmalfi
Rank: 11581
1.4
Buy،Technical،madyanmalfi

Fear and Greed Index is at extreme fear now at 20, and it will go lower most probably by the close of today. I am longing BTC heavily now with a stop low below 20 Weekly EMA at 45,000 if we close daily below it. 20 Weekly EMA has been supporting BTC for the previous bull market , and with this very low Fear and Greed index , it makes so much sense to buy now. ( Buy with others are fearful , Sell when others are greedy ). Let me know what you think , Will the 20 weekly EMA save us this time too , or this is the end of bull market ?

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Price at Publish Time:
$33,798.01
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