I don't normally compare many markets when analyzing currencies, but I thought I'd try something new. Apart of being a trader is pushing yourself to try and track the results if you'll succeed or fail overtime. This is my first step forward trying this out. Let's see what happens.
Markets I'm using?
* Dollar Index- Indicie
* USOIL- Commodity
*USDCAD- Foreign...
Defi coins are looking good short to mid term so I'm going to take a long on SUSHI if it successfully breaks $8. We can see that every time it broke out and retest $8, it went at least to $15.
We'll see how things turn out later. If this is just a bounce or if the Defi sector has bottomed out...
So playing here the range, mid range T1 at $15, range high is T2...
Chop-chop. Bitcoin is ranging, currently in the middle of the big range between $30.5 and $38k, trying to hold the support.
Cme futures open with ~ $2,000 gap down, what can help bitcoin bounce up soon (or not).
Not trading chop, observing now, placing some bids on BTC and some alts.
Information is just for educational purposes, never financial advice. Always...
Well, I am really not sure what is going to happen the next days.
The BTC indicators I am currently seeing are:
- Fear and Greed Indicator is very low and 5-10 levels normally is a good buying opportunity
- Bitcoin on Google Trends is rising very fast, which could potentially mean a rising interest
- If we keep that level, this could be the biggest triangle and...
