Hello folks!
Today will see the expiry of 49,400 BTC worth of outstanding derivative contracts. This is equivalent to $328 million in Bitcoin open interest.
Surely a return to volatility yeah!
Let's see tuesday where the market close but I have already an idea...
Fans are typically drawn from changes in trend or reversal points such as tops or bottoms and are a good way to measure a market's trend or strength. During an uptrend, if price stays in the space above an ascending angle without breaking below it, the market is considered bullish . During a downtrend, if price remains below a descending angle without breaking above it, the market is considered bearish .
It's a powerful indicator and it becomes even more powerful if you combine it with another powerful indicator like Ichimoku
I have done a lot of good shorts from the beginning of the month.
Let's take a look at the weekly chart with ichimoku >>>>
Today will see the expiry of 49,400 BTC worth of outstanding derivative contracts. This is equivalent to $328 million in Bitcoin open interest.
Surely a return to volatility yeah!
Let's see tuesday where the market close but I have already an idea...
Fans are typically drawn from changes in trend or reversal points such as tops or bottoms and are a good way to measure a market's trend or strength. During an uptrend, if price stays in the space above an ascending angle without breaking below it, the market is considered bullish . During a downtrend, if price remains below a descending angle without breaking above it, the market is considered bearish .
It's a powerful indicator and it becomes even more powerful if you combine it with another powerful indicator like Ichimoku
I have done a lot of good shorts from the beginning of the month.
Let's take a look at the weekly chart with ichimoku >>>>
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.