Market maker applies similar parr terns, because the market is a complex mechanism with rules. Within the framework of the set rules there is not much variation in the actions.
A new trading method - "m-maker reading".
This situation on Bitcoin is not surprising at all. The market is still inactive, although volumes are growing - that's good to know.
We are expecting another decline with more probability than growth from this point.
Local growth up to $21000+ is possible and logical. Mid-term I don't see any signs of high prices recovery.
I'm developer, so I trade only with...
Just look at this chat. We always try to analyse Bitcoin with, for example, simple BTC USDT Binance chart. But this chart shows us the real level of support not based on regular price, but on capitalisation. Interesting. I will try to use it more often.
SP500 will hit $5600 in 390-420 days. Let's test it!
The main argument is engulfing the June dump. I think that big money start to push the market up. Negative around global economy on the highest level. So, maybe they see future growth and the end of the problems. The new SEC target is to form a Bull trend in the market. So, maybe they've done it.
👀 That's how I see the market on 26.07
BNB locally fell out of the pattern. We don’t trade TA, because as you can see, before that, he cunningly shaved TA traders in the opposite direction. It's not even surprising anymore 😅
EOS on spot. It fell out of the wedge in a Week, then returned. The potential is huge, see posts above. I buy a little every day ⚡️
⚡️ Spot recommendation EOS
Investment term: year+
Price now: $1.16
— risk-free up to $3-5 (average asset price)
— average expectations $10
— high expectations $24 (ATH 2018)
— at the ideal level F1.618 a growth to $33
💬 Just hold?
— I’m personally threw part of EOS into staking for 90 days on whitebit. 28% per year sounds great. 6% for 90 days too.
⚡️For many assets, we tested an illogical wedge breakout
They sent a lot of crypto for sale, but also dollars. Potentially form order. It is difficult to buy large positions and sometimes it takes months.
💬 The big question is, will they return us to the wedge?
Previously, the main support was the MA 50. A significant breakout of this line provoked a retest of resistance and a subsequent fall.
In the new Bitcoin growth cycle, the main asset support line was MA 200, which was broken in this way for the first time. Now there is an important retest, which will make it clear what's next.
You should not look for what we...
👽 BTC CME GAP
Next in line is the latest price gap, 14% lower from the current price ($21,200 at the time of publication).
Important! The CME chart is different from the usual. On BTC CME the price never dropped below $19,600 ✌️