for the #crypto space as are the #BTC miners which are performing admirably. So we have a disconnect going on between wall st and the overall crypto space which is non euphoric and has completely reset sentiment since March. My view this gets resolved to the upside , follow the smart money. #HVF @TheCryptoSniper
On this 15 minute chart from the candlesticks, supply and demand zones are tool drawn. The resistance trendline and flat bottom form a triangle pattern. The Fibonnaci retracement tool is used to find likely targets which are also pivots to the left. The dual TF RSI indicator by Chris Moody shows both the faster 5 min and the slower 60 min rising over the...
Been a tough ride for #Crypto investors But our patience is set to be rewarded How quickly? I expect these next two weeks will tell all..
Both historical (30 days) and implied volatility for Bitcoins is at all-time low levels. It seems like trades waiting for news about crypto ETFs approvals. It might make sense to buy straddle/strangle to put a market neutral positions expecting big move and increase in volatility in Q4/2023. Disclaimer Please remember that past performance may not be...