Smart money concepts show weak high.
If we apply pitchfork, taking as a basis the bottom at the end of June 2021 and the top in November of the same year, the channel will show us something.
The price went to 1 and after a pullback is trying to reach 1.236, the first impulse level.
I attribute this BTC rush to the fact that SPX has just reached a top in its pitchfork.
Market makers need to execute reversal quickly.
Together with the DXY strengthening, none of this looks like an invitation to a run.
Do as you wish, I'm not buying it.
If we apply pitchfork, taking as a basis the bottom at the end of June 2021 and the top in November of the same year, the channel will show us something.
The price went to 1 and after a pullback is trying to reach 1.236, the first impulse level.
I attribute this BTC rush to the fact that SPX has just reached a top in its pitchfork.
Market makers need to execute reversal quickly.
Together with the DXY strengthening, none of this looks like an invitation to a run.
Do as you wish, I'm not buying it.
Nota
~ 52816.62$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.