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DeNomics
About me My name is Denomics and I'm a Financial Analyst and founder of Skribr Media. HTF Swing trading Crypto and FX session trading is my jam. Check out Skribr for loads of free information, education and research in the Crypto space.
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Markets Allocation
51 % cryptocurrency 16 % stocks 7 % indices 26 % other
Top Mentioned Symbols
BTCUSD 11% | 9 XBTUSD.P 9% | 7 XAUUSD 9% | 7 SPX500USD 5% | 4
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Bitcoin break out or rejection?
XBTUSD.P
, 1DShort
XBTUSD.P: Bitcoin break out or rejection?

I still find Bitcoin to be stuck in a HTF down trend channel leading back from the high mid to late last year. I understand some fundamentals at play with the halving coming up and the Hash ribbons indicator indicating the minors are accumulating again but on a technical stand point of view where we are now just seems like the idea position to trap a lot of retail...

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