taking advantage of the bullish break that this currency had, we can go with this momentum, the truth is that the market is somewhat delicate but it gives us room to risk with very low stops.
similar to #joe short RR 10 bad momentum, currently does not have large sales to the north unless it breaks the current pattern. we want to see a consolidation to the downside in this currency.
bad momentum for Joe, It has not yet reached its support and it is necessary to short it, it still has enough liquidity below. the risk is low
its support is very thin and it looks very delicate but it can be a great trade with a very short stoploss.
This is a somewhat more risky trade since the stop can be turned to a 4h candle close as the chart indicates, which we are talking about possible traps, but beyond that if Btc really fulfills this as its support we should see good squeezes .
Currently this currency runs a liquidity risk in terms of liquidations, beyond that we can see a small support which can be used as something critical, let's go!
possible reversal for twt meanwhile btc is in their support
The truth is that the global situation is wearing out and in addition to this, the fomo of the World Cup is over. I think that for my part I expect a bearish movement in this Token and thus respect the bearish channel that it has and also this possible diamond that is at the top of the channel, I would think that it is a good risk-reward to take advantage of.
I'm just aiming for a strong rally in this one. I don't have many reasons to explain myself, but the truth is that there are plenty... global crisis, its CEO resigned, multiple bank failures, an increasingly negative open interest in multiple currencies... etc. Don't forget to pay attention to what this graph is inverted. greetings people
oh, yes today was a volatile day, while Powell gave his testimony, the market moved a bit up and down.. With the news yesterday, that the increases may continue, the market was in a panic since a few weeks ago It was assumed that there would be no increases. Surprise the Fed did it again. But currently the market must price in .50 and who knows if .75, what I...
Nasdaq 2000-2003 Nasdaq 2020-2023 possible idea, who knows...
possible correlation btc dxy and currently its ascending channel in dxy. Pump and Dump(?
The last time a movement of this type was seen, and according to multiple indicators, such as mfi , macd , rsi , and their levels of divergence. We find this scenario, to which we add two Dma of 50 and 100 periods, where we saw very similar movements, to tell the truth and seeing metrics such as LTHS, SOPR, currently none indicates a BearMarket or Bear Market....
Last April I made a comparison of fractals towards a bear market and it was carried out, we currently see a recovery but how true can it be in the face of a bullish break? We can get to have a bulltrap and come back again and double-bottom in the 30k. Otherwise, we can break well and head towards the 44-48k level in case this is done in a good way, we could visit...
Clearer than water, we can't see it! 🚨 Dxy down, Sopr negative, Gold up, and obviously Bitcoin knows this. Currently our analysis is this, a channel as support and of great reaction as we have seen in the previous falls: I was seeing a bit of how the ratios between extensions and retracements were and it throws me this when it reaches a support close to...
Undoubtedly, in the face of a loss of the 53-54k level, I imagine that this could be a scenario that seeks to reverse the situation when the rebound occurs, I would try to close my short operations before a loss of these levels.
Currently we see a formation very similar to how it was broken before and added to a fibonacci retracement we can see how it is located in support and also at the base of the parabola, we believe that it can break the diagonal of the downtrend and that this is a strong movement. Let's see some news during these 10 days, maybe this one because something interesting happens.
Attention to BTC Levels We are currently consolidating, it is not something serious but nevertheless, we have to pay attention to its daily closings that none of them closes below our support of 56k since in that area although demand is high, we do not find strength bullish below. What is marked between small circles are crosses of SMAs 50-200 which are very...