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Trading Seasonality: When the Calendar Matters More Than NewsTrading Seasonality: When the Calendar Matters More Than News Markets move not just on news and macroeconomics. There are patterns that repeat year after year at the same time. Traders call this seasonality, and ignoring it is like trading blindfolded. Seasonality works across all markets. Stocks, commodities, currencies, and even cryptocurrencies. The reasons vary: tax cycles, weather conditions, financial reporting, mass psychology. But the result is the same — predictable price movements in specific months. January Effect: New Year, New Money January often brings growth to stock markets. Especially for small-cap stocks. The mechanics are simple. In December, investors lock in losses for tax optimization. They sell losing positions to write off losses. Selling pressure pushes prices down. In January, these same stocks get bought back. Money returns to the market, prices rise. Statistics confirm the pattern. Since the 1950s, January shows positive returns more often than other months. The Russell 2000 index outperforms the S&P 500 by an average of 0.8% in January. Not a huge difference, but consistent. There's a catch. The January effect is weakening. Too many people know about it. The market prices in the pattern early, spreading the movement across December and January. But it doesn't disappear completely. Sell in May and Go Away An old market saying. Sell in May, come back in September. Or October, depending on the version. Summer months are traditionally weaker for stocks. From May to October, the average return of the US market is around 2%. From November to April — over 7%. Nearly four times higher. There are several reasons. Trading volumes drop in summer. Traders take vacations, institutional investors reduce activity. Low liquidity amplifies volatility. The market gets nervous. Plus psychology. Summer brings a relaxed mood. Less attention to portfolios, fewer purchases. Autumn brings business activity. Companies publish reports, investors return, money flows back. The pattern doesn't work every year. There are exceptions. But over the past 70 years, the statistics are stubborn — winter months are more profitable than summer. Santa Claus Rally The last week of December often pleases the bulls. Prices rise without obvious reasons. The effect is called the Santa Claus Rally. The US market shows growth during these days in 79% of cases since 1950. The average gain is small, about 1.3%, but stable. There are many explanations. Pre-holiday optimism, low trading volumes, purchases from year-end bonuses. Institutional investors go on vacation, retail traders take the initiative. The mood is festive, no one wants to sell. There's interesting statistics. If there's no Santa Claus rally, the next year often starts poorly. Traders perceive the absence of growth as a warning signal. Commodities and Weather Here seasonality works harder. Nature dictates the rules. Grain crops depend on planting and harvest. Corn prices usually rise in spring, before planting. Uncertainty is high — what will the weather be like, how much will be planted. In summer, volatility peaks, any drought or flood moves prices. In autumn, after harvest, supply increases, prices fall. Natural gas follows the temperature cycle. In winter, heating demand drives prices up. In summer, demand falls, gas storage fills, prices decline. August-September often give a local minimum. October-November — growth before the heating season. Oil is more complex. But patterns exist here too. In summer, gasoline demand rises during vacation season and road trips. Oil prices usually strengthen in the second quarter. In autumn, after the summer peak, correction often follows. Currency Market and Quarter-End Forex is less seasonal than commodities or stocks. But patterns exist. Quarter-end brings volatility. Companies repatriate profits, hedge funds close positions for reporting. Currency conversion volumes surge. The dollar often strengthens in the last days of March, June, September, and December. January is interesting for the yen. Japanese companies start their new fiscal year, repatriate profits. Demand for yen grows, USD/JPY often declines. Australian and New Zealand dollars are tied to commodities. Their seasonality mirrors commodity market patterns. Cryptocurrencies: New Market, Old Patterns The crypto market is young, but seasonality is already emerging. November and December are often bullish for Bitcoin. Since 2013, these months show growth in 73% of cases. Average return is about 40% over two months. September is traditionally weak. Over the past 10 years, Bitcoin fell in September 8 times. Average loss is about 6%. Explanations vary. Tax cycles, quarterly closings of institutional funds, psychological anchors. The market is young, patterns may change. But statistics work for now. Why Seasonality Works Three main reasons. First — institutional cycles. Reporting, taxes, bonuses, portfolio rebalancing. Everything is tied to the calendar. When billions move on schedule, prices follow the money. Second — psychology. People think in cycles. New year, new goals. Summer, time to rest. Winter, time to take stock. These patterns influence trading decisions. Third — self-fulfilling prophecy. When enough traders believe in seasonality, it starts working on its own. Everyone buys in December expecting a rally — the rally happens. How to Use Seasonality Seasonality is not a strategy, it's a filter. You don't need to buy stocks just because January arrives. But if you have a long position, seasonal tailwind adds confidence. If you plan to open a short in December, seasonal statistics are against you — worth waiting or looking for another idea. Seasonality works better on broad indices. ETFs on the S&P 500 or Russell 2000 follow patterns more reliably than individual stocks. A single company can shoot up or crash in any month. An index is more predictable. Combine with technical analysis. If January is historically bullish but the chart shows a breakdown — trust the chart. Seasonality gives probability, not guarantee. Account for changes. Patterns weaken when everyone knows about them. The January effect today isn't as bright as 30 years ago. Markets adapt, arbitrage narrows. Seasonality Traps The main mistake is relying only on the calendar. 2020 broke all seasonal patterns. The pandemic turned markets upside down, past statistics didn't work. Extreme events are stronger than seasonality. Don't average. "On average, January grows by 2%" sounds good. But if 6 out of 10 years saw 8% growth and 4 years saw 10% decline, the average is useless. Look at median and frequency, not just average. Commissions eat up the advantage. If a seasonal effect gives 1-2% profit and you pay 0.5% for entry and exit, little remains. Seasonal strategies work better for long-term investors. Tools for Work Historical data is the foundation. Without it, seasonality is just rumors. Backtests show whether a pattern worked in the past. But past doesn't guarantee future. Markets change, structure changes. Economic event calendars help understand the causes of seasonality. When quarterly reports are published, when dividends are paid, when tax periods close. Many traders use indicators to track seasonal patterns or simply find it convenient to have historical data visualization right on the chart.
BLUEBERRY:SP500Education
by TonySetup
Anchor Candle MethodAnchor Candle Method: How To Read A Whole Move From One Bar Many traders drown in lines, zones, patterns. One simple technique helps simplify the picture: working around a single “anchor candle", the reference candle of the pulse. The idea is simple: the market often builds further movement around one dominant candle. If you mark up its levels correctly, a ready-made framework appears for reading the trend, pullbacks and false breakouts. What is an anchor candle Anchor candle is a wide range candle that starts or refreshes an impulse. It does at least one of these: Breaks an important high or low Starts a strong move after a tight range Flips local structure from “choppy” to “trending” Typical traits: Range clearly larger than nearby candles Close near one edge of the range (top in an up impulse, bottom in a down impulse) Comes after compression, range or slow grind You do not need a perfect definition in points or percent. Anchor candle is mostly a visual tool. The goal is to find the candle around which the rest of the move “organizes” itself. How to find it on the chart Step-by-step routine for one instrument and timeframe: Mark the current short-term trend on higher timeframe (for example 1H if you trade 5–15M). Drop to the working timeframe. Find the last strong impulse in the direction of that trend. Inside this impulse look for the widest candle that clearly stands out. Check that it did something “important”: broke a range, cleared a local high/low, or started the leg. If nothing stands out, skip. The method works best on clean impulses, not on flat, overlapping price. Key levels inside one anchor candle Once the candle is chosen, mark four levels: High of the candle Low of the candle 50% of the range (midline) Close of the candle Each level has a function. High For a bullish anchor, the high acts like a “ceiling” where late buyers often get trapped. When price trades above and then falls back inside, it often marks a failed breakout or liquidity grab. Low For a bullish anchor, the low works as structural invalidation. Deep close under the low tells that the original impulse was absorbed. Midline (50%) Midline splits “control”. For a bullish anchor: Holding above 50% keeps control with buyers Consistent closes below 50% shows that sellers start to dominate inside the same candle Close Close shows which side won the battle inside that bar. If later price keeps reacting near that close, it confirms that the market “remembers” this candle. Basic trading scenarios around a bullish anchor Assume an uptrend and a bullish anchor candle. 1. Trend continuation from the upper half Pattern: After the anchor candle, price pulls back into its upper half Pullback holds above the midline Volume or volatility dries up on the pullback, then fresh buying appears Idea: buyers defend control above 50%. Entries often come: On rejection from the midline On break of a small local high inside the upper half Stops usually go under the low of the anchor or under the last local swing inside it, depending on risk tolerance. 2. Failed breakout and reversal from the high Pattern: Price trades above the high of the anchor Quickly falls back inside the range Subsequent candles close inside or below the midline This often reveals exhausted buyers. For counter-trend or early reversal trades, traders: Wait for a clear close back inside the candle Use the high of the anchor as invalidation for short setups 3. Full loss of control below the low When price not only enters the lower half, but closes below the low and stays there, the market sends a clear message: the impulse is broken. Traders use this in two ways: Exit remaining longs that depended on this impulse Start to plan shorts on retests of the low from below, now as resistance Bearish anchor: same logic upside-down For a bearish anchor candle in a downtrend: Low becomes “trap” level for late sellers High becomes invalidation Upper half of the candle is “shorting zone” Close and midline still help to judge who controls the bar The structure is mirrored, the reading logic stays the same. Practical routine you can repeat every day A compact checklist many traders follow: Define higher-timeframe bias On working timeframe, find the latest clear impulse in that direction Pick the anchor candle that represents this impulse Mark high, low, midline, close Note where price trades relative to these levels Decide: trend continuation, failed breakout, or broken structure This method does not remove uncertainty. It just compresses market noise into a small set of reference points. Common mistakes with anchor candles Choosing every bigger-than-average candle as anchor, even inside messy ranges Ignoring higher timeframe bias and trading every signal both ways Forcing trades on each touch of an anchor level without context Keeping the same anchor for days when the market already formed a new impulse Anchor candles age. Fresh impulses usually provide better structure than old ones. A note about indicators Many traders prefer to mark such candles and levels by hand, others rely on indicators that highlight wide range bars and draw levels automatically. Manual reading trains the eye, while automated tools often save time when many charts and timeframes are under review at once.
IG:NASDAQEducation
by Trade_Logic_AI
1
New Year rally: a seasonal move without the fairy taleNew Year rally: a seasonal move without the fairy tale The “New Year rally” sounds like free money on holidays. In reality it is just a seasonal pattern that sometimes helps and sometimes only pushes traders into random entries. The point is to understand what qualifies as a rally, when it usually appears, and how to plug it into an existing system instead of trading by calendar alone. What traders call a New Year rally A New Year rally is usually described as a sequence of trading sessions with a clear bullish bias in late December and in the first days of January. Typical features: several days in a row with closes near daily highs local highs on indexes and leading names get taken out stronger appetite for risk assets sellers try to push back but fail to create real follow-through On crypto the picture is less clean, but the logic is similar: toward year end, demand for risk often increases. Why markets tend to rise into year end The drivers are very down to earth. Funds and year-end reports Portfolio managers want their performance to look better on the final statement. They add strong names and trim clear losers. Tax and position cleanup In markets where taxes are tied to the calendar year, some players close losing trades earlier, then come back closer to the holidays with fresh positioning. Holiday mood With neutral or mildly positive news flow, participants are more willing to buy. Any positive surprise on rates, inflation, or earnings gets amplified by sentiment. Lower liquidity Many traders and funds are away. Order books are thinner and big buyers can move price more easily. When it makes sense to look for it On traditional stock markets, traders usually watch for the New Year rally: during the last 5 trading days of December during the first 2–5 trading days of January On crypto there is no strict calendar rule. It helps to track: behavior of major coins dominance shifts whether the trend is exhausted or still fresh A practical trick: mark the transition from December to January for several past years on the chart and see what your market actually did in those windows. How to avoid turning it into a lottery A simple checklist before trading a “seasonal” move: higher timeframes show an uptrend or at least a clear pause in the prior selloff main indexes or key coins move in the same direction instead of diverging no fresh, heavy supply zone sitting just above current price risk per trade is fixed in advance: stop, position size, % of equity exit plan exists: partial take-profit levels and a clear invalidation point If one of these items fails, it is better to treat the move as market context, not an entry signal. Common mistakes in New Year rallies entering just because the calendar says “late December” doubling position size “to catch the move before holidays” buying right at the end of the impulse when distribution has already started skipping the stop because “they will not dump the market into New Year” Seasonal patterns never replace risk management. A setup that does not survive March will not magically improve in December. A note on indicators and saving time Many traders prefer not to redraw the whole market every December. It is convenient when an indicator highlights trend, key zones and momentum, and the trader only has to read the setup. In that case New Year rallies become just one more pattern inside a consistent framework, not a separate holiday legend.
Education
by TonySetup
Chasing the last train: how late entries ruin good trendsChasing the last train: how late entries ruin good trends The picture is familiar. The asset has already made a strong move, candles line up in one direction, chats are full of profit screenshots. Inside there is only one thought: "I am late". The buy or sell button is pressed not from a plan, but from fear of missing out. This is how a classic "last train" entry is born. This text breaks down how to spot that moment and how to stop turning each impulse into an expensive ticket without a seat. How the last train looks on a chart This situation has clear signs. Long sequence of candles in one direction with no healthy pullback. Acceleration of price and volatility compared to previous swings. Entry happens closer to a local high or low than to any level. Stop is placed "somewhere below" or moved again and again. The mind focuses on other people’s profit, not on the original plan. In that state the trader reacts to what already happened instead of trading a prepared setup. Why chasing the move hurts the account The problem is not just "bad luck". Poor risk-reward . Entry sits near an extreme. Upside or downside left in the move is small, while a normal stop needs wide distance. In response there is a temptation to push the stop further just to stay in. Large players often exit there . For them the trend started earlier. Where retail opens first positions, they scale out or close a part of the move. Strategy statistics get distorted . A system can work well when entries come from levels and follow a plan. Once late emotional trades appear in the mix, the math changes even if the historical chart still looks nice. How to notice that the hand reaches for the last train Knowing your own triggers helps. This symbol was not in the morning watchlist, attention appeared only after a sharp spike. The decision comes from news or chat messages, not from calm chart work. There is no clear invalidation level, the stop sits "somewhere here". Many timeframes blink at once, the view jumps from 1 minute to 15 minutes and back. Inner talk sounds like "everyone is already in, I am the only one outside". If at least two of these points match, the trade is most likely not part of the core system. Simple rules against FOMO Work goes not with the emotion itself, but with the frame around trades. No plan, no trade . A position opens only if the scenario existed before the spike. Fresh "brilliant" ideas during the impulse are placed into the journal, not into the order book. Move distance limit . Decide in advance after what percentage move from a key zone the setup becomes invalid. For example: "if price travels more than 3–4 percent away from the level without a retest, the scenario is cancelled, next entry only after a pause and new base". Trade from zones, not from the middle of the impulse . Plans are built around areas where a decision makes sense, not around the fastest part of a candle. Time filter . After a sharp move, add a small pause. Five to fifteen minutes with no new orders, only observation and notes. What to do when the move has already gone The smart choice is not "grab at least something". Better to: save a screenshot of the move; mark where the trend started to speed up; write down whether this symbol was in the plan and why; prepare a setup for a pullback or the next phase, where entry comes from a level, not from the middle of noise. Then the missed move turns into material for the system instead of three revenge trades in a row. A short checklist before pressing the button Was this symbol in the plan before the run started. Do I see the exact point where the idea breaks and is the stop parked there. Is the loss size acceptable if this trade repeats many times. Can I repeat the same entry one hundred times with the same rules. If any line sounds weak, skipping this "train" often saves both money and nerves. The market will send new ones. The task is not to jump into every car, but to board the ones that match the timetable of the trading plan.
TVC:NDQEducation
by TonySetup
How to choose what to invest inHow to choose what to invest in: a practical checklist for traders and investors Many beginners start with the question “What should I buy today?” and skip a more important one: “What role does this money play in my life in the next years?” That is how portfolios turn into random collections of trades and screenshots. This text gives you a compact filter for picking assets. Not a magic list of tickers, just a way to check whether a coin, stock or ETF really fits your time horizon, risk and skill level. Start from your life, not from the chart Asset selection starts before you open a chart. First, you need to see how this money fits into your real life. Three simple points help: When you might need this money: in a month, in a year, in five years. How painful a 10, 30 or 50 % drawdown feels for you. How many hours per week you truly give to the market. Example. Money is needed in six months for a mortgage down payment. A 15 % drawdown already feels terrible. Screen time is 2 hours per week. In this case, aggressive altcoins or heavy leverage look more like a stress machine than an investment tool. Another case. Ten-year horizon, regular contributions, stable income from a job, 30 % drawdown feels acceptable. This profile can hold more volatile assets, still with clear limits on risk. Filter 1: you must understand the asset First filter is simple and strict: you should be able to explain the asset to a non-trader in two sentences. The label is less important: stock, ETF, coin or future. One thing matters: you understand where the return comes from. Growth of company profit. Coupon on a bond. Risk premium on a volatile market. Fees and staking rewards in a network. If your explanation sounds like “price goes up, everyone buys”, this is closer to magic than to a plan. Better to drop this asset from the list and move on to something more clear. Filter 2: risk and volatility The market does not care about your comfort. You can care about it by choosing assets that match your stress level. Key checks: Average daily range relative to price. For many crypto names, a 5–10 % daily range is normal. Large caps in stock markets often move less. Historical drawdowns during market crashes. Sensitivity to events: earnings, regulator news, large players. The sharper the asset, the smaller its weight in the portfolio and the more careful the position size. The same asset can be fine for an aggressive profile and a disaster for a conservative one. Filter 3: liquidity Liquidity stays invisible until you try to exit. Look at three things: Daily traded volume. For active trading, it is safer to work with assets where daily volume is many times larger than your typical position. Spread. Wide spread eats money on both entry and exit. Order book depth. A thin book turns a big order into a mini crash. Filter 4: basic numbers and story Even if you are chart-first, raw numbers still help to avoid extremes. For stocks and ETFs, it helps to check: Sector and business model. The company earns money on something clear, not only on a buzzword in slides. Debt and margins. Over-leveraged businesses with thin margins suffer in stress periods. Dividends or buybacks, if your style relies on cash coming back to shareholders. For crypto and tokens: Role of the token. Pure “casino chip” tokens rarely live long. Emission and unlocks. Large unlocks often push price down. Real network use: transactions, fees, projects building on top. Build your personal checklist At some point it makes sense to turn filters into a short checklist you run through before each position. Example: Time. I know the horizon for this asset and how it fits my overall money plan. Risk. Risk per position is no more than X % of my capital, portfolio drawdown stays inside a level I can live with. Understanding. I know where the return comes from and what can break the scenario. Liquidity. Volume and spread allow me to enter and exit without huge slippage. Exit plan. I have a level where the scenario is invalid and levels where I lock in profit, partly or fully. Connect it with the chart On TradingView you have both charts and basic info in one place, which makes this checklist easier to apply. A typical flow: Use a screener to find assets that match your profile by country, sector, market cap, volatility. Open a higher-timeframe chart and see how the asset behaved in past crashes. Check liquidity by volume and spread. Only then search for an entry setup according to your system: trend, level, pullback, breakout and so on. Before clicking the button, run through your checklist again. Common traps when choosing assets A few classic traps that ruin even a good money management system: Blindly following a tip from a chat without knowing what the asset is and why you are in it. All-in on one sector or one coin. Heavy leverage on short horizons with low experience. Averaging down without a written plan and clear risk limits. Ignoring currency risk and taxes. This text is for educational purposes only and is not investment advice. You are responsible for your own money decisions.
Education
by Trade_Logic_AI
Pattern and Structure This image provides a visual guide to key chart patterns and market structures in Forex trading. It emphasizes the importance of understanding how these patterns form and how price action influences market movements. The chart showcases several common patterns: 1. Bearish Channel: Traders are advised to buy at the retest after a breakout from the channel. 2. Double Bottom: This reversal pattern suggests buying after the confirmation of the second bottom or the breakout. 3. Rising Wedge: A bearish continuation pattern where selling is recommended after a breakout. 4. Flag Pattern: This continuation pattern typically occurs after a strong price move. The image suggests buying after the breakout. 5. Inverted Head and Shoulders (H&S): A reversal pattern signaling a potential bullish move, with a buying opportunity after the breakout. 6. Symmetrical Triangle: This pattern can break either way, but the focus is on buying at the retest after an upward breakout. The psychological level plays a significant role, as it represents critical zones where market sentiment often shifts. The chart encourages re-entry after successful retests in bullish patterns. This comprehensive structure helps traders enhance their technical analysis skills and make informed decisions.
Education
by unichartz
How to Avoid Falsa Breakouts and Breakdowns?Hello traders, today we will discuss how to Avoid Fails Breakouts and Fails Breakdowns. Have you ever witnessed a significant resistance level being broken and opened a long trade just before the market made a sharp move to the downside? Have you ever entered a short position after seeing the price break-through support only to watch the market rebound? You are one of many false breakout victims, so don't feel bad. It might be challenging to learn how to recognise these things. Continue reading as we talk about fakeouts and breakouts and introduce two potent indications from the @CRYPTOMOJO_TA team that can assist you in staying on the right side of the market and avoiding more suffering. As shown above, the answer to this issue is actually quite straightforward. Waiting until the candle closes to determine the strength of the breakout is preferable to acting on trade as soon as the price breaks a crucial level. Therefore, it is not a good idea to position entry orders above or below support or resistance levels in order to automatically enter a breakout trade. Entry orders allow us to become "wicked" into breakout trades that never occur. This indicates that the only way to successfully trade breakouts is to be seated in front of our trading terminals and prepared to take action as soon as the candle closes in the breakout zone. When the candle goes out, we can How to avoid a false breakout It can be almost impossible to tell a true breakout from a failed break if you don’t know what you’re doing. Here are four ways to avoid a failed break: Take it slow One of the simplest ways to avoid a false breakout is also one of the most challenging for many traders and investors – to simply wait. Instead of buying into the trend the moment your asset breaks through its support or resistance level, give it a few days (depending, of course, on your trading style and its timeline) and watch as, often, the failed breaks simply weed themselves out. Watch your candles A more advanced version of waiting it out, a candlestick chart can come in handy. When you suspect a breakout is happening, wait till the candle closes to confirm its strength. The stronger the breakout appears, the more likely it’s not a failed break. While this can be an effective way to identify false breakouts, many traders and investors don’t have the time to sit and watch their chosen chart around the clock. That’s why, with us, you can set alerts to notify you of the specific market conditions you’re waiting for. In the case of a breakout, for example, you’d create an alert based on the candle’s close price, to notify you of any potential breakouts. Use multiple timeframe analysis Another efficient way to identify breakouts, and what of those are likely failed breaks, is multiple timeframe analysis. This entails watching your chosen market using a variety of different timeframes. When using this technique, you’d likely spot the potential for a breakout in the short term, then ‘zoom out’ to view that same market over a week, a month or even longer before opening a position. This helps with identifying a false breakout because you’re paining perspective of your asset over both the longer and shorter term. Studying its patterns can show if what you think is a breakout is actually significant in the context of that market. Know the ‘usual suspects Some patterns in charts can indicate the likelihood of a false breakout. These include ascending triangles, the head and shoulders pattern and flag formations. Learning how to identify these patterns can help you to tell the difference between a breakout and a false breakout, as these three formations are often associated with failed breaks. For example, ascending triangles are indicators of a temporary market correction, rather than a true breakout. How to trade a false breakout If you’re a trader, you may want to use a false breakout as an opportunity to go short, making a profit or loss from predicting that a market’s price is about to drop from its current high. Or, you could use it as an opportunity to hedge – going long in case it’s a true breakout and going short on the same market in case of a failed break. To trade a false breakout you’d: Create a live CFD trading account Do technical analysis on your chosen market to identify false breakouts Take steps to manage your risk, including stop orders and limit orders Open and monitor your first trade How to trade breakouts Here’s how to trade breakouts with us: Create a live account or practise first with a demo account Learn the signs of a market about to break out – you can find out far more about breakouts by upskilling yourself on IG Academy Open your first position Plan your exit from the position carefully, including setting stop orders and limit orders Take steps to manage your risk Everything you need to know about trading breakout stocks False breakouts summed up A false breakout is a significant movement out of a market’s normal support or resistance levels that don’t last – hence it ‘fails’ These can cause costly mistakes for traders, thinking a market has hit a true breakout and to go long, only for it to lose momentum shortly afterwards You can avoid false breakouts – or trade them intentionally – by studying your chosen market and knowing the chart patterns timeframes and other signs of a failed break With us, you can trade on breakouts and failed breaks using CFDs. This chart is just for information Never stop learning I would also love to know your charts and views in the comment section. Thank you
BITSTAMP:BTCUSDEducation
by CRYPTOMOJO_TA
7
MATICUSDT ⚡️ on the Daily BINANCE*NOT FINANCIAL ADVICE: DYOR - This idea is IMO for personal use only* ========================== We had a flag formation from 11 March that has just been broken out. As expected, there was a slight retrace and at that point I recently entered into this one (yellow X as indicated). The support and resistance lines are from the monthly channel that dates back to 2019. This is a definite HOLD and Trade opportunity for me. As always, watch for volume. Do your own research. Always be watching BTC. Good chat.🤖
M
by CryptoZani
13