Traders, In this week's roundup, I'll cover Bitcoin, where I see it finding support and what my current perspective of future Bitcoin price action looks like. Plus, I'll take a look at a few of my recent altcoin trade entries. What was I thinking? Did I make a mistake? Let's look at the charts and discuss. Timestamps: 00:00 Intro 02:00 Bitcoin TA 11:37 Altcoin Trades
Expanding on what Brian from Gator Traders was sharing on his livestream from Friday. He’s a little under the weather, so figured best to get some more explanation out around what he noticed. Price action is respecting trends on a logarithmic scale for the Daily, Weekly, and even Monthly charts. Market in general still unsteady. MVIS could be impacted by money...
Looking at multiple technicals and taking in to consideration the great info provided on the Earnings Call, the misinformation, and Shorts taking advantage of the situation. I hope to explain it all here. Please feel free to comment and let me know if I missed something. Appreciate the engagement and feedback. Cheers.
Quick little check in on MVIS. Rest assured, we have uptrend in our near future. Technical care setting up on the Daily chart to support a loooooong run.
Bitcoin is BACK!....but don't buy here....in fact, I've sold all my crypto once again in order to re-load lower and build cash reserves to take short-term trades in either direction as the market works out this power struggle. Bulls will win in the long-term, but the bears will have their day as well soon. Fractal patterns are extremely powerful technical tools....
Slow grind Friday Jobless Trend day