Analysis based on price action to figure out how price reacts along with option chain, multiple pattern formation, tried to test Elliot wave too, retracement levels marked as per fib retrace, day low considered as strong support along with 2 resistance level as per Fibonacci. Candle stick analysis. Also used volatility index to figure out the movement of the...
on 5 min time frame, using indicator BB with RSI, entry taken as per Divergence, movement confirmation with Stoch RSI, Heikin-Ashi, Gap up opening confirmed reversal to the price calculated earlier on weekend for price to open @ $5.50 wherein pre market showed jump in price due to dividend cut decision by bank to -96%, total duration of trade is around 1 hr 30...
Who are Silvergate? They are a crypto bank and much of their business is from large crypto investors who use Silvergate as a middleman to buy crypto from exchanges. They work with most, if not all major crypto exchanges… including FTX. Strong links to FTX & SBF Sam Bankman-Freid endorsed them, particularly their “risk management” department… we all know...