Hello, during this weekend btc has simoultaneously fallen below :
1-the channel midline
2-the mini trendline
3-the 21 MA
We havent't had a proper pullback inbtc price since May. I do not think it will be a heavy one (probably to 11k), but still will be enough to ruin plans on altcoins
Despite the good setup shown by the altcoins dominance (see the realted idea), many of them are struggling. I would personally wait to enter any long position as I do not like this setup.
1-the channel midline
2-the mini trendline
3-the 21 MA
We havent't had a proper pullback inbtc price since May. I do not think it will be a heavy one (probably to 11k), but still will be enough to ruin plans on altcoins
Despite the good setup shown by the altcoins dominance (see the realted idea), many of them are struggling. I would personally wait to enter any long position as I do not like this setup.
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Or simply you don't want to risk it?
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Related publications
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Are you a good trader but you lack the capital?
Or simply you don't want to risk it?
Trade forex, oil, crypto, indices, and keep 80% of the profits you make, while losses are covered!
Check it out now → ftmo.com/en/?affiliates=2427
Or simply you don't want to risk it?
Trade forex, oil, crypto, indices, and keep 80% of the profits you make, while losses are covered!
Check it out now → ftmo.com/en/?affiliates=2427
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.