solana broke the structure of the downtrend 'on the demand zone' if btc go up solona will go higher wait for btc breaking last resistance then enter your long positions
We've all seen the article and I'll post a link below but heres my view. and yes I am COMPLETELY biased thinking this is a BIG BROTHER banking type move to make money.
The article
news.bitcoin.com/stablecoin-implosion-luna-and-ust-lose-significant-value-downturn-ripples-across-the-crypto-economy/
My thoughts:
Personally I thin it's a ploy to drive the...
bitcoin to 31000 and 27000 soon ; we had an amazing analysis before hits our tb with more than 150000 pips have a look below on it + our analysis on ethereum running really great we are killing the market
crosses pairs
Crosses pairs are the pairs that do not contain the US dollar such as EUR/GBP
It consists of the product of two pairs, EUR/USD and GBP/USD.
To make it more clear, we can assume the following example:
If strong economic data comes out of Australia, to support the Australian dollar you may want to buy the Australian dollar.
Your first reaction may...
Hey,
I think this is going to be played soon by BNB.
be sure to take profits at the level you think is the resistance and invest again at the level of support.
Cheers.
My Argument:
1. Wave B correction was finish
2. RSI Divergence
3. Double top Pattern
4. Break the support trendline
Note
You can use fibonacci or the trendline as the profit level
$Bitcoin breakout with a confirmation and inside bars are calling for more highs before a pullback retest. The next target is 13900 and the strong support at the moment is 10500.
Bearish Gartley completing within my Supply Zone for the BTCUSD.
It coincides with 4000 psychological level and also completes AB=CD.
Have many reasons to take this level for a shorting opportunities.
For added confirmation, can look for RSI Overbought and reversal candles.
SL: 4018
TP1: 3975
Tp2: 3939
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