The market has bounced off support near the 430 area and has room to go up to 445. It depends if we see this bounce continue or of we are in for a deeper correlation.
I'm planning to taking another trade for a potential short at 30.5-30.7 with a Stop Loss at 31k. If we break above 31k I will flip into a long .
Bitcoin has managed to clear the resistance at 27,000 and now is mooning since there not much resistance from 27-30k. Alot of people are expecting a ALT season however this is not the bull market so I have low expectations- you can already see that the ALTS are not moving up that much in the past few days in comparison to bitcoin. Right now is the only thing you...
Bitcoin is approaching another major resistance level right at 26700 and it will act as resistance. I'm planning on shorting this level with a SL of 27000 and target of 25000.
Even-though bitcoin is looking very bearish, do not fomo into a short! there is alot of news that can impact the markets!
The markets are starting to break down post FOMC since powell is still hawkish. Tomorrow will be interesting to see if they do decide to bring it up on continue to dump. Im prepared to take a short if the sell off resumes.
Hello and welcome! Bitcoin is trading right below our massive resistance of 0.618 at 30,000- I think we will see a test of this level once again for a potential short entry or we could continue to fall.
The market is expecting CPI to come down to 5.2%- why is it soo low? its because the market has priced in that number already. This could be a disaster if CPI comes in high.
Keep an eye on the DXY guys! We are approaching some heavy support on the DXY and if we manage to break below- the SPY will see a massive pump to 450.
Spy is range bond trading between 400 and 395; its a pretty big range so do not hesitate to trade this!
I hope you guys manage to get the short over 400 based on my past analysis. Comment below if you have any questions.
The market is preparing itself to give us another trade- patience is the key!
Be prepared for some crazy volatility going into FOMC. Majority of the market is expecting a pivot but who knows!
The market has gotten rejected off top resistant at 405 and is back at support. This is not a area to trade now! Best to wait and see for the market direction. We could still bounce and go up to 430. or Dump down to 380s.
THe market is approaching another powerful support from 395 to 392 is a area for the bulls to hold!
Hello All! Expect some crazy volatility this week due to all the economic data thats coming out. Currently i'm only playing scalps on movements that i see. I do expect the market to go down further going into the next coming months but it will take some time- so dont over trade and end up blowing your account.
In this video; I discuss the similarities before the FEDS FUNDS rate and SPY. Watch to find out!
The market is about to make a massive turn! if we sell off; it will not be pretty. At the same time you have to be careful since this could be a bear trap; wait for the DOJ to release their regulations before trading!