SATS Ordinals price is trying to rise, but for how long?After six months of a stable downward trend, the price of #SATS (#Ordinals) began to rise on increased trading volumes.
😱 Of course, six months to a year ago, holders were promised “golden mountains”, but in fact, after being "put in longs", there was almost a 10-fold depreciation of the asset.
🆗In the range of $0.00000045-0.00000060, there will be strong sales from those who want to get out of the drawdown at least to “zero”, this is how human psychology works.
And if you want to try your luck and trade OKX:SATSUSDT , then buying earlier than in the range of $0.00000017-0.00000022 can be harmful to your health and deposit) 🍿
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SATSUSD
SATS NEW INCREASE VOLUMESATS seems to have a new increase view with the possibility that we are going to see a new volume trend in the coming time frames.
For confirmations, we need to follow the coming time frames.
This coin has seen since MAR month 3 breakdown trend.. the new time frames can make a change for a new uptrend since a long time ago.
SATS THE BREAK LINE SEEMS NOT FARThank you for reading this update.
SATS showing great volume movement.
The break line can be an important extra volume that can support the trend to new levels.
Sats show the daily volume interesting trend.
There is a good chance that SATS can target the yellow break line with a new break volume.
SATS Risky longI am trying a risky long on SATS. It has broken down major supports, and it looks oversold on higher timeframe. Level is also supported by a -0.618 fibo level from previous peak at top. There are some divergence on H1 and M15 tf, that is a bullish sign. If BTC can continue to pump, i expect SATS to follow
SATS NEW VOLUME INCREASEThank you for reading this update.
Depending on our study we see that SATS has a good chance of volume increase.
This updates depending on day trade, And the market should confirm with time the right market way.
#Nottradingadvice
#For day traders take always profits when market increase
#Expect noting from the markets, but follow what it shows.
BTC Short Idea - Bearish DivergenceLooking at the daily chart, we see a clear bearish divergence.
We've recently broken the downward trendline, which many believe will be a major break out to new ATH. However, looking at the weekly and monthly charts, I still have a strong bearish outlook to the short-midterm timeframe. 12/24 we see a bearish pin bar when attempting to break above one of the rising trendlines.
I feel the bulls have a short term victory, but looking at the daily MACD, the latest fall from ATH has brought us below the bullish trendline and has left us below the 0 line marker. As this MACD rises to retest this level, I feel there will be a strong resistance and will bring the market crashing back towards the 30K level.
Feel free to comment your ideas, or ask any questions. I have further support for this theory that I did not touch on in this post.
Trade with care. Not financial advice.
TV IS 1ST TO MARKET! SATSUSD #TRADINGVIEW #TRADINGCLUENOT FINANCIAL ADVICE
The red circle shows the technical level everyone sold into after breaking, the box shows the horizontal support from the last consolidation at this level and the easy stopping point. The question is, will it go down like every time before? or will it deliver the best bear trap and bull flag to $0.001? seems like 2017 thanksgiving right about now.
I believe finance must be reacted to and not controlled: Markets.
I think TradingView has listened to us all and given us exactly what we wanted.
Hoping to win the New computer to use for school as tuition costs keep me on an old Panasonic tough book.
A long term analysis of SATSUSDSATSUSD is clearly in a down trend. The last uptrend line has been broken. Currently, the SATSUSD is consolidating in this channel and soon price is likely to go down more. Wait for the breakout of the channel in the red zone. Look at the SATSUSD on the Pine table containing more indicators for further analysis.