Nividia's correction is complete. 23% high to low, same 23% last
https://www.tradingview.com/x/j2mtp8sf/
Nvidia caught some smart money buying from unsuspecting panic sellers yesterday, today is a chance to get long again.
Hey we all panic as traders from time to time. I offloaded some Bitcoin yesterday at a loss. I was a tad heavy in Crypto so I'm feeling lighter on my feet & I don't plan on investing or trading in it again. I did not follow Bitcoin's move down from 104,000, I was at my trading desk when it was already down at 98,000. What I now is that its move down from 104,000 was a liquidity run and a big one and a shake out.
BTCUSD is one BIG Faker and although I know it would like to make a trip down to 87,000 or more dent be surprised to see move back up quite early.
If you trade the MACD, there is a Cross-up happening on the 60 m chart.
Yassotreyo has a fantastic intraday and high time frame MACD that I started using recently. It is very responsive and gets you into trades fast, its called 'MACD ZERO LAG'
Nvidia caught some smart money buying from unsuspecting panic sellers yesterday, today is a chance to get long again.
Hey we all panic as traders from time to time. I offloaded some Bitcoin yesterday at a loss. I was a tad heavy in Crypto so I'm feeling lighter on my feet & I don't plan on investing or trading in it again. I did not follow Bitcoin's move down from 104,000, I was at my trading desk when it was already down at 98,000. What I now is that its move down from 104,000 was a liquidity run and a big one and a shake out.
BTCUSD is one BIG Faker and although I know it would like to make a trip down to 87,000 or more dent be surprised to see move back up quite early.
If you trade the MACD, there is a Cross-up happening on the 60 m chart.
Yassotreyo has a fantastic intraday and high time frame MACD that I started using recently. It is very responsive and gets you into trades fast, its called 'MACD ZERO LAG'
Trade active
If you trade MACD get the one above in my narrative or another great one is called MACD CROSSOVER, also use standard settings great on all TF's. Buy on price action or MACD 1Hr timeframe crossing up
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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.
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.