Greetings.
There are very high expectations that bitcoin and with it the market will go down.
If you think so, I will not dissuade you.
The 2024 market is very different from 2020-21 and 2016-17.
There is a lot more manipulation and sideways movement in it.
Here are a few things I noticed on TOTAL.
On the left is 4H chart.
Kijun has crossed the red cloud and
Tenkan may act as support for continued upside movement.
9 seasons of rainbow show a developing bullish signal.
Oversold (blue) has changed to green (rising) on the two ribbons.
On the right is 1D.
The nature of the fickle clouds (red-green-red-green-red-green) hints that this is a sideways move, AND right today the kijun-sen line is being tested. If the market finds this support it will move towards the green clouds, but these swings could be in the 1.8-2.2 trillion range.
SQZMOM is showing signs of reversal.
There are very high expectations that bitcoin and with it the market will go down.
If you think so, I will not dissuade you.
The 2024 market is very different from 2020-21 and 2016-17.
There is a lot more manipulation and sideways movement in it.
Here are a few things I noticed on TOTAL.
On the left is 4H chart.
Kijun has crossed the red cloud and
Tenkan may act as support for continued upside movement.
9 seasons of rainbow show a developing bullish signal.
Oversold (blue) has changed to green (rising) on the two ribbons.
On the right is 1D.
The nature of the fickle clouds (red-green-red-green-red-green) hints that this is a sideways move, AND right today the kijun-sen line is being tested. If the market finds this support it will move towards the green clouds, but these swings could be in the 1.8-2.2 trillion range.
SQZMOM is showing signs of reversal.
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.