Hey everyone, hope all is well! I have found something quite interesting! Has Bitcoin tipped the bearish scale and now become bullish? Bitcoin Margin Trading Longs (BTCUSDLONGS) has completed two key technical bullish patterns: 1. RISING WEDGE FORMATION BREAKOUT Bitcoin Longs has broken out of a perfect rising wedge formation (scroll into the chart). We are...
First of all, please support our work by smashing that like button or following! These really help us to reach more traders like you! The margin market drives lots of crypto movements. Since whales could profit from opening both spot and margin accounts to facilitate pumps/dumps, and only minority wins in this market, counter trading the general margin market...
Vfi has crossed down on 1hr and severely on 15min. Wave-pm is showing where the trend is going. its gonna compress upward to 10740-10820 and go sideways before being ready to dump. If it doesn't go sideways and breaks into 10.9k then we'll see 11.2k or so for rejection I'm holding out positions for now, not worth the risk/reward not until the big short
I don't really have much to say here. 4hr trend is still up and it failed to break through 9.8k which'd be the trend reversing support. Bounce incoming
I know im not using the correct terms, its only some analogies used to see the 'fair' price equilibrium theory in practice