A must listen analysis on ETH
In the video I discuss The Second Rising Wedge
Within The Ascending channel ,
Aligning to new ATH
leading to Rejection.
Tools Used
FIB Ext Pulls
Fib Speed Resistance Fan
Parralell Channel
Follow-up on my previous video. We end up having another leg up as Binance and OKEX perpetual swaps been trading bellow spot trying to frontrun the market. Now that we saw another $13M being added to liquidations books an perps trading above spot once again is making the correction more likely.
However we need to understand that we are currently in a...
Following my previous video regarding funding rates and perpetual swaps vs spot we are back at it again.
Bitcoin is once again suggesting that swaps are way too aggressively long at the top pushing funding rates into high premiums rates in some exchanges.
I do not think that shorting bitcoin against weekly and monthly uptrends trends is good idea but there is...