I've been in doom mode for quite a while now. But bear market rallies are the best :D Usually they are fast and aggressive.
So here is a level of interest for me. I'll be watching it on LTFs for a trade decision.
So here is a level of interest for me. I'll be watching it on LTFs for a trade decision.
Nota
I think this is bad. Probably forget 54-55.Nota
I'm not even looking at crypto twitter etc. but I bet posts started to appear about how similar these 2 ranges are. But they are not at all.Nota
It's probably simple like this right now. Break 63k, it makes a new high. Else we go below 50.Nota
I had short on 2 alts and nothing else in crypto. Now I got myself a small 61.8k short. Let's see. If it doesn't work, close all shorts and probably have some longs on good charts.Nota
If this falls back down in the range, it'll be a good signal. BTC is often leveraged NASDAQ.Nota
Look at this. Make no mistake. Bears haven't made any money if any still alive. Extremely efficient market. It's incredibly hard to make money from shorts anyway. It's even hard to trust an exchange to hold your money in crypto bear markets. So forget about "Everyone is bearish" I'd say.Nota
It's above 63k but.. One, this is pump. I mean not a trend. "Fast and aggressive" Two, it's a weekend :D It's just written short squeeze written all over it.Nota
I mean it's bullish undeniably. But It could be just like May '21. Hit into the weekly resistance and die.
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.