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FX_Professor
May 31, 2022 11:42 AM

Detailed Analysis - BTC, ALTS, NASDAQ, APPLE + EMPLOYMENT DATA 

AXS / US DollarBinance

Description

It came out being a Long video:

BTC looking great
ETHEREUM and some ALTS looking bad
Few ALTS look promising on new support levels
Bitcoin dominance looks like it will fly
Nasdaq is unclear, we wait for opening
APPLE is under 2 resistances and it's a key chart for what happens next
Data in ASIA and CHINA are good but Euorpean data sucks at the moment and the key afctor will be:

USA NFP THIS FRIDAY!

Why is employment key?

Because of this:



One Love,

sorry for Long video
Comments
christ29
thank you for the amazing session, 15 mins full of great info and knowledge
Lingrid
Your detailed analysis is really good one!
AmirTariq
first of all. thank you professor. second what if it be a Bears Trap of BTC ? and the last one what is the best SL ? i always use 30-40% is it good?
FX_Professor
@AmirTariq, i just have mine reasonably over resistance or under support. The beauty of it is the risk is smaller the closer at that level you enter. Then again it's all about the levels, which i do share with you guys here!
ps. i am already short on ethereum from last night, stop loss now at entry and increasing BTC Longs.. it's natural now, just keep adding positions after taking profits on gmt last night and ada today (perfectly! check previous ides, it's all there)
RLinda
Good explanation. Thanks for sharing)
laszlogal.gl
Hi

Let me interest which exchange are you using for trading? Thanks
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