State of Mind - March 12th

State of Mind - March 12th


New day on the crypto market!


What is our feeling? Well, we're waiting like the rest of the market!


As explained yesterday on our channels, today's trading session will give us the trend for the week ahead. 


This morning, the bitcoin was on a crucial level of indecision around $9500. Nevertheless, we think that the figure in double bottom visible in 4h time horizon is a sign of resistance of the BTC. This one seems to materialize at the time of writing.


For the time being, be cautious and watchful, don't forget that this is a still immature market with enormous potential. A large potential of gains implies a higher risk, it is necessary to keep this in mind. Don't give in to panic and FOMO!


It is true that the Kobayashi threat is hovering on the market, but the sooner it is over, the better!


In the meantime, here is a table of the main key levels! Have a good week everyone and don't forget your stop-loss if you decide to get in position!




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