Morning all,
Full TA in the video as usual. Some notes:
- Bitcoin was rejected again and the Inverse Head and Shoulders IMO is invalidated.
- Looking at the fib levels we added in the last video for support.
- A key thing to look out for is a bearish retest of previous support.
- Indicators are looking bearish in general across multiple timeframes.
- Pre-markets are in the red which gives you an indication of the direction of the market, although this could change.
- FED meeting is coming up. Will the markets start to position themselves accordingly in the lead-up.
- There seems to be quite a lot of FUD for this week regarding Bitcoin.
- SPX, NASDAQ, ES1 - all trading at key support / resistance levels. Watch to see if these hold or not. A move lower and Bitcoin might follow.
Please hit the boost button if you like this update.
Back tomorrow.
Thanks
SIMON BPOI
Full TA in the video as usual. Some notes:
- Bitcoin was rejected again and the Inverse Head and Shoulders IMO is invalidated.
- Looking at the fib levels we added in the last video for support.
- A key thing to look out for is a bearish retest of previous support.
- Indicators are looking bearish in general across multiple timeframes.
- Pre-markets are in the red which gives you an indication of the direction of the market, although this could change.
- FED meeting is coming up. Will the markets start to position themselves accordingly in the lead-up.
- There seems to be quite a lot of FUD for this week regarding Bitcoin.
- SPX, NASDAQ, ES1 - all trading at key support / resistance levels. Watch to see if these hold or not. A move lower and Bitcoin might follow.
Please hit the boost button if you like this update.
Back tomorrow.
Thanks
SIMON BPOI
BPOI - CRYPTO TRADING GROUP:
bpoicryptotrading.com
LATEST NEWS:
bpoicryptonews.com
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bpoicryptotrading.com
LATEST NEWS:
bpoicryptonews.com
FREE TELEGRAM NEWS CHANNEL:
t.me/bpoicryptotradingnews
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.
BPOI - CRYPTO TRADING GROUP:
bpoicryptotrading.com
LATEST NEWS:
bpoicryptonews.com
FREE TELEGRAM NEWS CHANNEL:
t.me/bpoicryptotradingnews
bpoicryptotrading.com
LATEST NEWS:
bpoicryptonews.com
FREE TELEGRAM NEWS CHANNEL:
t.me/bpoicryptotradingnews
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.