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SATSUSD

SATS Ordinals price is trying to rise, but for how long?After six months of a stable downward trend, the price of #SATS (#Ordinals) began to rise on increased trading volumes. 😱 Of course, six months to a year ago, holders were promised “golden mountains”, but in fact, after being "put in longs", there was almost a 10-fold depreciation of the asset. 🆗In the range of $0.00000045-0.00000060, there will be strong sales from those who want to get out of the drawdown at least to “zero”, this is how human psychology works. And if you want to try your luck and trade OKX:SATSUSDT , then buying earlier than in the range of $0.00000017-0.00000022 can be harmful to your health and deposit) 🍿 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
OKX:SATSUSDT
by P_S_trade
5
BTC Short Idea - Bearish DivergenceLooking at the daily chart, we see a clear bearish divergence. We've recently broken the downward trendline, which many believe will be a major break out to new ATH. However, looking at the weekly and monthly charts, I still have a strong bearish outlook to the short-midterm timeframe. 12/24 we see a bearish pin bar when attempting to break above one of the rising trendlines. I feel the bulls have a short term victory, but looking at the daily MACD, the latest fall from ATH has brought us below the bullish trendline and has left us below the 0 line marker. As this MACD rises to retest this level, I feel there will be a strong resistance and will bring the market crashing back towards the 30K level. Feel free to comment your ideas, or ask any questions. I have further support for this theory that I did not touch on in this post. Trade with care. Not financial advice.
INDEX:SATSUSDShort
by HODLtheSqueeze