BIg red triangle all chart is in is descending triangle BTC currently in and expected to brake to the downside.
Two possible formations on chart - wedge and double top.
I think it's time to open long term shorts. Bull line doesn't seem to be achievable from what i see on any timeframe.
Trade at your own risk.
PS. I found that SPX 500 and BTC charts having most of the time simultaneous south moves.
SPX is overbought and about to drop , Tim Cook sold all of his apple recently and i believe as top SPX company CEO sells his shares - it means something.
Two possible formations on chart - wedge and double top.
I think it's time to open long term shorts. Bull line doesn't seem to be achievable from what i see on any timeframe.
Trade at your own risk.
PS. I found that SPX 500 and BTC charts having most of the time simultaneous south moves.
SPX is overbought and about to drop , Tim Cook sold all of his apple recently and i believe as top SPX company CEO sells his shares - it means something.
Nota
So from what i see we are speculating on low volume. Some people see volume irrelevant..
I think it's pure logic behind illogical behavior of trades.
IF ANYONE NOTICED , we had huge volume spike that resulted in only 120$ bounce, and shorts had dramatically increased over a few hours.
I think only gotdamn traders left in space. 0% Hype left.
We are set to go lower. This is chicken without head kind of dance.
Nota
BTW previous, equally sized green spike was 400$+
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.