BTC-USD(Bitcoin) Analysis

Price-Action analyst | 

While you all having an amazing sunday, thought to share this chart with yall, PayPal into bitcoin will create a massive FOMO that will boost the price of bitcoin .

IMO i dont think it will be a long term good deal for Paypal as too many security issues from paypal account problems.

Most crypto enthusiast would not even want to associate with paypal as in reality their modality are fully anti-crypto.

But in all it would cause a mass adoption and bring crypto closer to everyone and anyone.

The next big thing for crypto is the call of AMAZON- this my dear friends will be the height of it all and i think it will happen sooner than we all expect

 Better be ready!!!

🟢 Trend Resistance R1: 1.3100
🟠 Trend Support S1:  1.2800
❇️ Key Resistance R1: 1.3100
🔴 Key Support S1:  1.2800
⬇️ Trend Indication: Bearish

Disclaimer

Disclaimer: The content in this article comprises personal opinions and should not be construed as containing personal and/or other investment advice and/or an offer of and/or solicitation for any transactions in financial instruments and/or a guarantee and/or prediction of future performance. NiclaxFX (NFX), its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness, of any information or data made available and assume no liability as to any loss arising from any investment based on the same.

Enjoyed reading this article?

Share with others on your favorite social media or leave a comment below...

Share on facebook
Facebook
Share on twitter
Twitter
Share on whatsapp
WhatsApp
Share on telegram
Telegram
Share on linkedin
LinkedIn
Nicholas Ilechie

Nicholas Ilechie

Nicholas llechie is an entrepreneur, investor, trader, author and financial market analyst with over 7-years of experience in trading the financial markets, he started his trading career with binary options in the year 2013 and by 2015 he indulged into forex trading by 2017 made his first crypto investments and ever since has been actively involved in both crypto and forex related activities.

Leave a Reply

You May Be Interested In

NFX OWL TEACHER

NFX Market Analysis Premium: Daily Forex and Crypto Analysis

Price action is a concept of trading heard by many yet understood by few, in a nutshell price action is the movement of a security's price plotted over time. Price action forms the basis for all technical analysis of a stock, commodity or other asset chart. Many short-term traders rely exclusively on price action and the formations and trends extrapolated from it to make trading decisions. Technical analysis as a practice is a derivative of price action since it uses past prices in calculations that can then be used to inform trading decisions.
Mastering the art of price acton trading does not only make you a better trader but gives you a great edge over other traders and enables you trade on nearly all financial market including, stocks, crypto and futures.

NFX Market Analysis Premium: Daily Forex and Crypto Analysis

Price action is a concept of trading heard by many yet understood by few, in a nutshell price action is the movement of a security's price plotted over time. Price action forms the basis for all technical analysis of a stock, commodity or other asset chart. Many short-term traders rely exclusively on price action and the formations and trends extrapolated from it to make trading decisions. Technical analysis as a practice is a derivative of price action since it uses past prices in calculations that can then be used to inform trading decisions.
Mastering the art of price acton trading does not only make you a better trader but gives you a great edge over other traders and enables you trade on nearly all financial market including, stocks, crypto and futures.