TWT has one of the easiest pattern for future traders and like to repeat its pattern over and over again
Trust Wallet price today is $1.08 with a 24-hour trading volume of $11 million and the price is up 4.9% in the last 24 hours. It has a circulating supply of 420 million tokens and a total supply of 1 billion
Trust Wallet token is a utility token that can...
First of all congrats with your profit on VET BINANCE:VETUSDT . You made 25% (spot trading) if you followed my previous Long call. Check my last post to take a look.
Ok. Whats the deal at this moment? We still have some room left for a upwards movement and this is why:
- VET is in a bullish trend. Check the blue trend line.
- We're moving towards the daily 200...
Dyor dyor dyor dyor dyor because this one isn’t about walking yoU through anything, we are at the moment of truth. And it can go one way or the other. I want this to be fun, I want you the reader to see what you see, and do what you feel you need. I’m waiting I’m watching
The weekly chart on #tsla has formed a massive head and shoulders. you see the high volume enter the left shoulder, then the depreciation in volume another smaller volume but higher price making the head, and the lowest volume right shouler, followed but some nice volume.
*can bulls hold? it is a musk company, tis the season and all. But this big head here does...
Good Evening Everyone,
Please watch the entire video to understand my break down and thesis.
As always trade safe set stops set takes and make sure you are always using appropriate risk for your RR.
Happy Trading + Safe Trading = Profits
I'll get back to posting more frequently if we can give this video some love!!!! Cheers
Here is my multi time frame technical analysis chart for Bitcoin.
Goal is cut off the noise and to show key trendlines and support/resistance prices.
We can clearly see that the market is currently bear with a descending triangle on the higher TFs.
After breaking the important 5 months 18 500$ support, price is now inside a range between 16 000$ and 17 500$.
Bitcoin is rallying since couple of days and making all Bulls extremely happy, yet, we need to pay attention of possible downtrends or invalided patterns for a bullish scenario.
The falling wedge (purple) is playing out so far. Adding FIBA from the local high (5. NOV - Start FTX Saga) we see that level of -0.618 are reasonable.
For now we are looking at Fiba...
The average citizen lacks any real understanding of Central Banking all they know are uneducated talking point from 🐑 that have the same or less power over their lives & the system as a whole that gave rise 2 them at leverage while they are none the wiser they are referred to by the architects of the system as... 🤓👉 ( working class / human capital)
Second crypto asset I've seen today get completely slammed with a pump and dump by the whales. Potential short if you managed to catch the pivots at the top that got wicked.
Let me know if you have any questions!
If you draw a trendline between two cycle top whats next too each other and clone it to the cycle bottom that line will cross with the next cycle TA bottom. Fact thats line currently 25% under the bitcoin price and some banks and hedge founders predict to 2023 a 25-20% crypto and stock market crash.
Full TA in the video as usual. Some notes:
- Bitcoin clinging on to the lower trendline of the rising wedge we have identified.
- Look for support levels on a breakdown - $16919 is an important level
- The breakdown measure move is around $16374
- If we do break down past $16919 look for a bearish retest and a possible short opportunity
High buyers pressure and two touches of the level contribute to the probable upcoming breakout of the level. It is reasonable to find entry point for early loading before the breakout during deeper correction.
EXPLANATION ON CHART
Outlook for ETH heading into FOMC meeting
Expect some volatility leading into the FOMC meeting later this week, after the recent accumulation for both BTC and ETH there is definitely the possibility for a decent bear market rally.
jerome powell hinted at being slightly more doveish than hawkish in last weeks meeting.