Nividia's correction is complete. 23% high to low, same 23% last
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'
