Well, yesterday was a very interesting day - Pump&Dump. Firstly the price closed the GAP on CME Bitcoin Futures Chart, then the price dumped and started consolidating - MM or just big whale left his LONG in the zone of $7650.
Don't want to bother you with further information, in a word - we need to watch the 4H candle and where will it close, above or below the $7350 level. No doubt, bearish option looks more realistic there: we got a pump and almost instant dump, then small pump which looks like a correction. But there are two important facts which make the picture more controversial - we see a number of huge buys and the dump didn't absorb the whole upward movement.
What can we conclude? Situation is very controversial, we don't hold any position at the moment, waiting for the market to give more data. Remember about the level $7350.
Don't want to bother you with further information, in a word - we need to watch the 4H candle and where will it close, above or below the $7350 level. No doubt, bearish option looks more realistic there: we got a pump and almost instant dump, then small pump which looks like a correction. But there are two important facts which make the picture more controversial - we see a number of huge buys and the dump didn't absorb the whole upward movement.
What can we conclude? Situation is very controversial, we don't hold any position at the moment, waiting for the market to give more data. Remember about the level $7350.
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Website:
klondikepro.com/
Public Telegram Channel:
t.me/CryptoKlondike
Twitter:
twitter.com/Robert_Klondike
Trade on Bybit with us:
partner.bybit.com/b/6694
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Klondike Official Links:
Website:
klondikepro.com/
Public Telegram Channel:
t.me/CryptoKlondike
Twitter:
twitter.com/Robert_Klondike
Trade on Bybit with us:
partner.bybit.com/b/6694
Website:
klondikepro.com/
Public Telegram Channel:
t.me/CryptoKlondike
Twitter:
twitter.com/Robert_Klondike
Trade on Bybit with us:
partner.bybit.com/b/6694
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.