Greetings,
"At the edge of the abyss", that's what I would call the current status of bitcoin, and other American instruments that affect the price of bitcoin.
As long as the price is held at 30k support, and there is no need to make anything up on the shallower TF trade towards a breakout from the sideways.
https://www.tradingview.com/x/O362qst7/
On higher TF, downtrend, currently on support (wedge).
On the positive side, the second SPX candle closed with long tails, which is an indication of a possible pullback from support. Going below and consolidating below 3850 is sad for all markets.
https://www.tradingview.com/x/D8CNUAKo/
If you liked this material, then please like it and subscribe so you don't miss anything.
Always use STOP, and do not use a leverage higher than x3.
A trader must always have tomorrow.
"At the edge of the abyss", that's what I would call the current status of bitcoin, and other American instruments that affect the price of bitcoin.
As long as the price is held at 30k support, and there is no need to make anything up on the shallower TF trade towards a breakout from the sideways.
https://www.tradingview.com/x/O362qst7/
On higher TF, downtrend, currently on support (wedge).
On the positive side, the second SPX candle closed with long tails, which is an indication of a possible pullback from support. Going below and consolidating below 3850 is sad for all markets.
https://www.tradingview.com/x/D8CNUAKo/
If you liked this material, then please like it and subscribe so you don't miss anything.
Always use STOP, and do not use a leverage higher than x3.
A trader must always have tomorrow.
Note
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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.
Telegram 👉 t.me/+lDtVimAqSH9kNWYy
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.