Analisis
BTCUSDT - Should I open a short? What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
XRP / USDTAs you can see in D1 XRP is in this pattern
I draw you the resistance that we will face on our move TO UPTREND
I'm a day trader and all my analysis is good for short term or a day do not use it for long term or hold
kee eyes on the chart and lines that I draw you and take action when the patterns is complete DO NO RUSH IN THE MARKET
DO NOT FORGET TO USE STOP LOSS
Dar shekl mibinid ke dar time frame yek roze in olgo ro darim moghavemat haye pishe roo ru baraye dostan rasm kardam tebghe chart jolo berid va hade zarar faramosh nakonid.
Good luck
Bitcoin Still Looking HealthyFor the past week bitcoin has been trading between roughly $50K and $47K as I predicted on December 3rd as BTC broke it's trend line. Upon breaking the trend, volume spiked to highs not seen since July. This forced the price to around $42k before settling in the previously stated range. Since then we have seen volume decline. This price behavior could be in part due to uncertainties in macro forces such as real estate in China, federal reserves possible taper speed up and T Bill rate hikes. This is also reflected in the "Fear and Greed" index which sits at 27 indicating fear. However, the recent Congressional meeting regarding regulation showed progression towards better crypto regs. Add that to CPI numbers coming out as 6.8% which makes which makes Treasury bonds negative yield even deeper. Some analysts make strong claims that these numbers are deeply undervalued. Either way, in my opinion, this could be positive for assets with limited supply. Especially monetary assets such as Gold, and Bitcoin. For now, I stay with my previous prediction of trading in the 50K to 47K range before continuing higher. What's your price prediction? If you enjoy my insight (or don't) please consider tipping or leaving your valuable feedback. Thank You!