Bitcoin has broken below the 16570 support zone after a liquidity trap, Can it be forced down to new lows? or will we have a brief recovery back to our support zone.
price has come below the Value area low and was rejected once on the divergent trendline. what will be the next factor to pull this to the next support at 16,509? or will we come back to our Point of Control at 16830. AGAIN. leave a comment if you are bearish or bullish.
Bitcoin is in an interesting position here. We have broken below the point of control at 20k/21k levels. More often then not we retrace back to these levels, BUT we have found ourselves within a new high volume trading zone between the 16k/17k range with 3 failed attempts back above the short term POC due to Market bottom FUD and FOMO. Increased sell volume...
Tesla is not looking good at all. This is a Log scale. Technically if the trend continuation is correct we may see Tesla between $30/$40 range some time in 2023 before a turn around in price movement.
ETH is resting at short term Point of Control at 1175 / 1235 range. If this point of control is lost we can test the 1200/1000 levels and pursue further sell pressure. All time historical Volume point of Control is between $100 and $200. If you are leverage trading make sure you set your stop losses near the low volume ranges where the price can lose stability...
The year of the Stag is coming with a continued hawkish attack on inflation to continue through Q1, Q2, 2023, decreased volatility, lower lows, cost of living is going up, a lot of money has been lost in 2022 and cutbacks will be made and have been made.
as it goes down it slows down and a realized price will be found when the inflation has been...
