When do we enter the market?
Hello !
Dominance #Bitcoin (#BTC.D) is still planning to target 45%; #Bitcoin price is still trading around $ 38,500
The cash flow has not been injected into the market yet, the downtrend is still covering the whole market
#bitcoin chart data is showing a big price move around May 7, 2022
Plan:
- Market will have a very large Long/Short kill, absolutely no margin/future at this stage
- At the time #BTC.D (dominance) reaches 45% index, we will observe market movements, to have a plan to surf #altcoin;
- For those who have a Long order, consider cutting orders and staying out of the market at this time;
- For those who are already short, I think the safe liquidation price is around $44,000; It is easy to see on the daily time frame #Bitcoin has formed an average block price of 42,800$
Good luck !
Dominance #Bitcoin (#BTC.D) is still planning to target 45%; #Bitcoin price is still trading around $ 38,500
The cash flow has not been injected into the market yet, the downtrend is still covering the whole market
#bitcoin chart data is showing a big price move around May 7, 2022
Plan:
- Market will have a very large Long/Short kill, absolutely no margin/future at this stage
- At the time #BTC.D (dominance) reaches 45% index, we will observe market movements, to have a plan to surf #altcoin;
- For those who have a Long order, consider cutting orders and staying out of the market at this time;
- For those who are already short, I think the safe liquidation price is around $44,000; It is easy to see on the daily time frame #Bitcoin has formed an average block price of 42,800$
Good luck !
Nota
Nota
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.
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.