This doesnt need any description. Everything is on the chart. For future price prediction. This could be triple top resulting in price moving downwards out of the dotted purple line price channel into the red support zone.
This is my BTC analysis. Im keeping eye on the top red line. If red rezistance zone holds up price will go up to lower red line. If not rezistance becomes support. RSI shows Bullish divergence. Another liquidity sweep is possible sealing the stairway to rezistance.
Ive entered a short position in this key level confirmed by trend line and RSI. If price will not rise its straight back RSI is too high for me to worry about pump. CPI will nuke BTC in few days. No stop-loss order. Ive put short order @ 22800. If price goes back to orange VWAP line and rezistance im safe. I dont see anything why it should become support...
There are several reasons why someone might want to consider opening a long position in Ethereum. Growing adoption: Ethereum has become one of the most popular blockchain platforms in the world, with an increasing number of decentralized applications (dApps) being built on its network. This growing adoption could lead to increased demand for ETH, potentially...
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