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Wave Analysis

SWARMS/USDTKey Level Zone: 0.0700 - 0.0710 HMT v6 detected. The setup looks promising, supported by a previous upward/downward trend with increasing volume and momentum, presenting an excellent reward-to-risk opportunity. HMT (High Momentum Trending): HMT is based on trend, momentum, volume, and market structure across multiple timeframes. It highlights setups with strong potential for upward movement and higher rewards. Whenever I spot a signal for my own trading, I’ll share it. Please note that conducting a comprehensive analysis on a single timeframe chart can be quite challenging and sometimes confusing. I appreciate your understanding of the effort involved. Important Note : Role of Key Levels: - These zones are critical for analyzing price trends. If the key level zone holds, the price may continue trending in the expected direction. However, momentum may increase or decrease based on subsequent patterns. - Breakouts: If the key level zone breaks, it signals a stop-out. For reversal traders, this presents an opportunity to consider switching direction, as the price often retests these zones, which may act as strong support-turned-resistance (or vice versa). My Trading Rules Risk Management - Maximum risk per trade: 2.5%. - Leverage: 5x. Exit Strategy Profit-Taking: - Sell at least 70% on the 3rd wave up (LTF Wave 5). - Typically, sell 50% during a high-volume spike. - Adjust stop-loss to breakeven once the trade achieves a 1.5:1 reward-to-risk ratio. - If the market shows signs of losing momentum or divergence, ill will exit at breakeven. The market is highly dynamic and constantly changing. HMT signals and target profit (TP) levels are based on the current price and movement, but market conditions can shift instantly, so it is crucial to remain adaptable and follow the market's movement. If you find this signal/analysis meaningful, kindly like and share it. Thank you for your support~ Sharing this with love! HMT v2.0: - Major update to the Momentum indicator - Reduced false signals from inaccurate momentum detection - New screener with improved accuracy and fewer signals HMT v3.0: - Added liquidity factor to enhance trend continuation - Improved potential for momentum-based plays - Increased winning probability by reducing entries during peaks HMT v3.1: - Enhanced entry confirmation for improved reward-to-risk ratios HMT v4.0: - Incorporated buying and selling pressure in lower timeframes to enhance the probability of trending moves while optimizing entry timing and scaling HMT v4.1: - Enhanced take-profit (TP) target by incorporating market structure analysis HMT v5 : Date: 23/01/2025 - Refined wave analysis for trending conditions - Incorporated lower timeframe (LTF) momentum to strengthen trend reliability - Re-aligned and re-balanced entry conditions for improved accuracy HMT v6 : Date : 15/02/2025 - Integrated strong accumulation activity into in-depth wave analysis
Long
by Ren_MomentumTrader
NIFTY : Intraday Trading levels and Plan for 04-Mar-2025 This analysis provides a comprehensive trading plan for the NIFTY 50 index on March 4, 2025, covering all possible opening scenarios. We will evaluate Gap-Up, Flat, and Gap-Down openings (with gaps of 100+ points) and outline clear action points, key levels, and risk management strategies. This plan is designed to help traders navigate the market with precision and discipline. 📈🔍 🔹 Scenario 1: Gap-Up Opening (100+ points) If NIFTY 50 opens above 22,142 (a gap of 100+ points from the previous close of 22,042), it signals strong bullish momentum. This opening suggests a potential breakout from the current consolidation range, indicating aggressive buying interest. If the price sustains above 22,142, it could target the resistance zone of 22,300–22,460. This zone is a profit-booking area where selling pressure may intensify due to historical resistance and recent highs. If the price faces rejection at 22,300–22,460, a reversal trade could be considered, targeting a pullback to 22,118–22,042 (opening support/consolidation zone and previous close). Should the price break above 22,460 with strong momentum (e.g., high volume and bullish candlestick patterns), we might see a rally toward 22,600 or higher. ✅ Trade Plan: ✔️ Buy on a breakout and retest of 22,142 , targeting 22,300–22,460. Use a stop-loss below 22,042 to manage risk. ✔️ Short if the price rejects 22,300–22,460, aiming for 22,118–22,042. Place a stop-loss above 22,460 to limit potential losses. Explanation: A Gap-Up opening of 100+ points indicates a potential breakout from the 21,889–21,600 consolidation range. Waiting for a retest of 22,142 confirms bullish intent, while the resistance at 22,300–22,460 acts as a natural profit-taking zone. A rejection at this level could signal a shorting opportunity if bearish momentum resurfaces. 🔹 Scenario 2: Flat Opening (Near 22,042–22,118) If NIFTY 50 opens within the range of 22,042–22,118, it suggests a balanced market continuing its consolidation phase with no clear directional bias. This zone acts as a critical opening support/resistance area. A breakout above 22,118 could drive prices toward 22,300–22,460, signaling bullish momentum and a possible trend reversal. A breakdown below 22,042 might lead to selling pressure, targeting 21,889 (first buyer’s support) or even 21,613–21,600 (possible bottom-out level). ✅ Trade Plan: ✔️ Buy above 22,118 , targeting 22,300–22,460. Use a stop-loss below 22,042 to protect against a false breakout. ✔️ Sell below 22,042 , targeting 21,889 or 21,613–21,600. Set a stop-loss above 22,118 to manage downside risk. Explanation: A Flat opening within the 22,042–22,118 range indicates the market is still consolidating, a no-trade zone unless a breakout occurs. Traders should wait for clear price action (e.g., strong candlestick patterns or increased volume) to confirm a breakout above 22,118 for a bullish move or a breakdown below 22,042 for a bearish move, avoiding premature entries. 🔹 Scenario 3: Gap-Down Opening (100+ points) If NIFTY 50 opens below 21,942 (a gap of 100+ points from the previous close of 22,042), it signals bearish sentiment and potential weakness, testing the lower support levels. Immediate support lies at 21,889 (first buyer’s support). If this holds, a pullback toward 22,042–22,118 could occur. If 21,889 breaks with strong selling pressure, expect further downside toward 21,613–21,600 (possible bottom-out level for a reversal). ✅ Trade Plan: ✔️ Buy near 21,889 , targeting a pullback to 22,042–22,118. Use a stop-loss below 21,600 to limit risk. ✔️ Short below 21,889 , targeting 21,613–21,600. Place a stop-loss above 21,889 to protect against a quick recovery. Explanation: A Gap-Down opening of 100+ points suggests continued downward pressure, but support at 21,889 could trigger a rebound if it holds. Waiting for confirmation near 21,889 ensures the price isn’t just oversold, while a break below this level confirms bearish momentum for shorting. The 21,613–21,600 zone is a critical level for a potential reversal if buying interest emerges. 📌 Risk Management Tips for Options Trading 💡 🛑 Always Use a Strict Stop-Loss: Protect your capital by setting stop-loss orders at key support/resistance levels to limit potential losses. 🎯 Take Partial Profits: Lock in gains at intermediate targets (e.g., 22,300 or 21,889) to secure profits while allowing room for further moves. 🕰️ Avoid Overtrading: Stick to the plan and wait for clear price action confirmation—don’t force trades in uncertain conditions. 💰 Use Proper Position Sizing: Risk only a small percentage of your capital (e.g., 1–2%) per trade to ensure longevity in the market. 📌 Summary & Conclusion 🎯 ✔️ Bullish Above: 22,118 → Target: 22,300–22,460. ✔️ Bearish Below: 22,042 → Target: 21,889 or 21,613–21,600. ✔️ No Trade Zone: 22,042–22,118 (Wait for a breakout). Trade with discipline, follow your plan, and prioritize risk management to navigate the NIFTY 50 market effectively on March 4, 2025. 🚀 ⚠️ Disclaimer I am not a SEBI-registered analyst. This analysis is for educational purposes only. Please consult your financial advisor before making any trading decisions. 📉📈
NSE:NIFTY
by LiveTradingBox
BANKNIFTY : Intraday Trading levels and plan for 04-Mar-2025 This analysis provides a comprehensive trading plan for the BANKNIFTY index on March 4, 2025, covering all possible opening scenarios. We will evaluate Gap-Up, Flat, and Gap-Down openings (with gaps of 200+ points) and outline clear action points, key levels, and risk management strategies. This plan is designed to help traders navigate the market with precision and discipline. 📈🔍 🔹 Scenario 1: Gap-Up Opening (200+ points) If BANKNIFTY opens above 49,131 (a gap of 200+ points from the previous close of 48,931), it signals strong bullish momentum. This opening suggests a potential reversal from recent support levels, indicating aggressive buying interest. If the price sustains above 49,131, it could target the profit-booking zone of 49,653–49,760. This zone is a key resistance area where selling pressure may intensify due to historical resistance and recent highs. If the price faces rejection at 49,653–49,760, a reversal trade could be considered, targeting a pullback to 48,225–48,931 (opening support/resistance and previous close). Should the price break above 49,760 with strong momentum (e.g., high volume and bullish candlestick patterns), we might see a rally toward 50,000 or higher. ✅ Trade Plan: ✔️ Buy on a breakout and retest of 49,131 , targeting 49,653–49,760. Use a stop-loss below 48,931 to manage risk. ✔️ Short if the price rejects 49,653–49,760, aiming for 48,225–48,931. Place a stop-loss above 49,760 to limit potential losses. Explanation: A Gap-Up opening of 200+ points suggests a strong bullish reversal from the 47,573–47,363 support zone. Waiting for a retest of 49,131 confirms bullish intent, while the resistance at 49,653–49,760 acts as a natural profit-taking zone. A rejection at this level could signal a shorting opportunity if bearish momentum resurfaces. 🔹 Scenario 2: Flat Opening (Near 48,931–48,225) If BANKNIFTY opens within the range of 48,931–48,225, it suggests a balanced market with no clear directional bias, likely consolidating near recent support and resistance levels. This zone acts as a critical opening support/resistance area. A breakout above 48,225 could drive prices toward 49,653–49,760, signaling bullish momentum and a possible trend reversal. A breakdown below 48,931 might lead to selling pressure, targeting 47,573–47,363 (buyer’s support/must-try zone) or even 47,300 (key support level). ✅ Trade Plan: ✔️ Buy above 48,225 , targeting 49,653–49,760. Use a stop-loss below 48,931 to protect against a false breakout. ✔️ Sell below 48,931 , targeting 47,573–47,363 or 47,300. Set a stop-loss above 48,225 to manage downside risk. Explanation: A Flat opening within the 48,931–48,225 range indicates the market is in a consolidation phase, a no-trade zone unless a breakout occurs. Traders should wait for clear price action (e.g., strong candlestick patterns or increased volume) to confirm a breakout above 48,225 for a bullish move or a breakdown below 48,931 for a bearish move, avoiding premature entries. 🔹 Scenario 3: Gap-Down Opening (200+ points) If BANKNIFTY opens below 48,731 (a gap of 200+ points from the previous close of 48,931), it signals bearish sentiment and potential weakness, testing lower support levels. Immediate support lies at 47,573–47,363 (buyer’s support/must-try zone). If this holds, a pullback toward 48,931–48,225 could occur. If 47,363 breaks with strong selling pressure, expect further downside toward 47,300 (key support level for a possible reversal). ✅ Trade Plan: ✔️ Buy near 47,573 , targeting a pullback to 48,931–48,225. Use a stop-loss below 47,363 to limit risk. ✔️ Short below 47,363 , targeting 47,300. Place a stop-loss above 47,573 to protect against a quick recovery. Explanation: A Gap-Down opening of 200+ points suggests continued downward pressure, but support at 47,573–47,363 could trigger a rebound if it holds. Waiting for confirmation near 47,573 ensures the price isn’t just oversold, while a break below 47,363 confirms bearish momentum for shorting. The 47,300 zone is a critical level for a potential reversal if buying interest emerges. 📌 Risk Management Tips for Options Trading 💡 🛑 Always Use a Strict Stop-Loss: Protect your capital by setting stop-loss orders at key support/resistance levels to limit potential losses. 🎯 Take Partial Profits: Lock in gains at intermediate targets (e.g., 49,653 or 47,573) to secure profits while allowing room for further moves. 🕰️ Avoid Overtrading: Stick to the plan and wait for clear price action confirmation—don’t force trades in uncertain conditions. 💰 Use Proper Position Sizing: Risk only a small percentage of your capital (e.g., 1–2%) per trade to ensure longevity in the market. 📌 Summary & Conclusion 🎯 ✔️ Bullish Above: 48,225 → Target: 49,653–49,760. ✔️ Bearish Below: 48,931 → Target: 47,573–47,363 or 47,300. ✔️ No Trade Zone: 48,931–48,225 (Wait for a breakout). Trade with discipline, follow your plan, and prioritize risk management to navigate the BANKNIFTY market effectively on March 4, 2025. 🚀 ⚠️ Disclaimer I am not a SEBI-registered analyst. This analysis is for educational purposes only. Please consult your financial advisor before making any trading decisions. 📉📈
NSE:BANKNIFTY
by LiveTradingBox
Bitcoin's fall is over and a new bull is comingMy Personal Take on Bitcoin’s Current Market Trends: Recent news has caused significant volatility in Bitcoin’s price, triggering strong bullish candlesticks. The surge in buying volume is evident, with large green candles marking substantial purchases. If Bitcoin breaks the key daily resistance level (which I’ve identified on the chart), the rally is likely to continue toward the $101,000 target, reflecting at least a 9% increase. Additionally, I have applied Fibonacci retracement levels to determine support zones, making the price action easier to interpret on the chart. Now, with that analysis covered, let’s dive into today’s main topic. Step-by-Step Breakdown: How Scammers Manufacture Hype and Profit from a Fake Meme Coin Step 1⃣: Creating the Meme Coin Scammers start by visiting pum p.fun, a platform that allows users to generate tokens effortlessly. With just a few clicks, they create their own meme coin and assign it a catchy, marketable name—something like Crazy Bull to grab attention. Step 2⃣: Hiding Ownership of the Tokens To avoid suspicion, they distribute their token supply across multiple wallets, making it appear decentralized. However, in reality, they retain over 90% of the tokens, ensuring they have full control over price movements. Step 3⃣: Simulating Market Activity Since a token with zero trading activity won’t attract investors, they manufacture an illusion of demand. Using at least 50 fake wallets, they begin buying and selling their own token, creating artificial trading volume. This makes it look like an active and potentially lucrative investment. Step 4⃣: Leveraging Influencer Marketing At this stage, they approach social media influencers on platforms like X (formerly Twitter), Telegram, and YouTube. With as
by mezii_
Bitcoin & Trump Effect: A Short-Term Pump or Sustainable Rally?Bitcoin ( CRYPTO:BTCUSD ) started to rise as I expected in the previous post , but Donald Trump helped double the momentum of Bitcoin yesterday. But the question here is whether the correction of Bitcoin is over or if this is an increase in the chance of exit. Bitcoin is trying to break the Heavy Resistance zone($93,300_$89,250) . According to the theory of Elliott waves , it seems that Bitcoin has succeeded in completing wave 4 and we should wait for wave 5 . Note : Due to the high momentum of wave 3, it is possible that wave 5 is a truncated wave. I expect Bitcoin to rise to at least $95,000 in the coming hours. The next target of Bitcoin can be Resistance lines and 100_SMA(Daily) . What do you think about Bitcoin movement? Time to escape or wait for a new All-Time High(ATH) to be created? Note: If Bitcoin goes below $89,000, we can expect Bitcoin to decline and the big CME Gap($91,610-$84,830) to be filled. Please respect each other's ideas and express them politely if you agree or disagree. Bitcoin Analyze (BTCUSDT), 1-hour time frame. B e sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
1
Closely grasp the rebound of gold, and then sell!From the 4-hour analysis, the upper short-term resistance is near 2883-2887. The intraday rebound relies on this position to continue to short first and look for a decline. The lower low point support focuses on 2825-2830. The overall support relies on this range to maintain the main tone of high-altitude low-multiple cycle participation. In the middle position, watch more and move less, be cautious in chasing orders, and wait patiently for key points to enter the market. I will remind you of the specific operation strategy during the session, and pay attention to it in time. Gold operation strategy: 1. Short gold rebounds at 2883-2887, target 2830-2835, and continue to hold if it breaks;
OANDA:XAUUSDShort
by y36fy36f
BTC/USDT: Analysis - Key Levels and Trade SetupMost Relevant Timeframe for Taking a Position • Based on the analysis, the 12H timeframe appears to be the most relevant for taking a position because: • It shows a clear bullish trend (MTFTI AVG Dark Green) with potential buy signals (ISPD, Mason’s Line). • Short-term bearish divergences (MTFTI on 4H-12H) and overbought signals (HPI) are less extreme than on 8H or 4H, providing a window to enter before a possible correction. • Supports (84,000.42) and resistances (99,218.16) are well-defined and consistent with key levels. Key Support and Resistance Levels for Taking a Position • Supports : • 79,647.42-85,963.23 (Auto AVWAP-Low across various timeframes, aligned with identified zones). • Oversold zones identified by Mason’s Line (0.3438-0.4065), suggesting buying opportunities around these levels. • Resistances : • 98,857.36-99,247.67 (Auto AVWAP-High on 1D, 12H, 8H, 4H, 2H), consistent with key resistance levels. • Overbought conditions signaled by HPI (94-100) and Mason’s Line (0.7408), indicating potential selling or profit-taking if these levels are reached. Actionable Recommendations 1. Long Position (Buy): • Enter on the 12H timeframe if the price tests supports at 84,000.42-85,963.23, with buy signals confirmed by ISPD (Investor Satisfaction near 0), Mason’s Line (satisfaction < SMA), and Koncorde (Azul > Verde). • Target: Resistances at 98,857.36-99,218.16, but monitor overbought signals (HPI > 90, Mason’s Satisfaction > 0.97). • Stop-loss: Below supports at 79,647.42 to limit risks in case of a correction. 2. Short Position (Sell): • Enter if HPI reaches 94-100 (on 8H, 4H) and Mason’s Satisfaction approaches 1 (on 2H, 0.7408), indicating extreme overbought conditions. Confirm with MTFTI showing short-term bearish trends (Down on 1H-12H). • Target: Supports at 84,000.42-85,963.23. • Stop-loss: Above resistances at 99,218.16 to limit risks of a bullish breakout. 3. General Caution: • Await clarity from the crypto summit at the White House on March 7, 2025, to assess its impact on Bitcoin. • Monitor key levels (77,930$, 84,000$, 93,570$) and volatility, as a correction is likely after initial euphoria, supported by overbought indicators. This analysis combines a rigorous chart reading with current insights to provide a coherent and actionable perspective, while accounting for ongoing uncertainties and volatility on BTC/USDT.
by Ox_kali
Idea No. 2 for the spotEthereum, in general, the formation of movements is not directly obvious, but still The second cryptocurrency in history, consensus POS, a huge number of developers and projects are built on the Ethereum blockchain. What about tokenomics ? Due to the shift to POS, more coins are being burned than created. So now coins are in circulation at the same level as during ATH. Deflationary model plus to the aura for the long term. Also seeing accumulation by big capital, especially Trump's company. On the downside, except for the recent hack of the exchange and the theft of coins worth a yard and a half of greenbacks, but of course it is unlikely that they will be able to sell it all at once and quickly. That's why I'm placing a stop at the $2,000 level. Consider your risks. DYOR
Long
by charyyevn
BTC/USD Short Trade Setup Analysis (1D Timeframe - Bitstamp)📍Currently, Bitcoin is showing signs of a potential rebound, but technicals suggest we are not yet at a confirmed reversal. We can see how BTC has recently broken below the ascending channel hitting a low of $78,000 which was very close to out $75,000 target. While it is possible for a sharp rejection up and beyond previous highs, it is unlikely. We anticipate that Bitcoin is testing the broken channel as resistance before falling lower towards our $75,000 target over a period of months (potentially 6 months) consolidating in an tighter range until a direction is determined. This latest move upwards by Bitcoin and the trailing market is the result of the Trumps crypto reserve statement. The market seen a surge after his remarks, but this will be short lived because nothing has actually changed: Size of the Reserve: No official size has been confirmed, but proposals vary. Senator Cynthia Lummis suggests acquiring 1 million Bitcoins over 20 years (about 5% of total supply). Trump’s March 2, 2025, announcement named Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA) for inclusion but didn’t specify amounts. The government currently holds ~200,000 Bitcoins (worth ~$18–21 billion) from law enforcement seizures, which could form the basis of the reserve. Timeline for Filling the Reserve: Lummis’ proposal outlines a 20-year timeline to acquire 1 million Bitcoins (200,000 per year). Trump’s January 2025 executive order tasked a working group with evaluating the reserve within 180 days (by July 2025), but no specific timeline for filling it was provided. Posts on X speculate on faster timelines, but these lack official confirmation and are inconclusive. Is It Actually Going to Happen? The proposal is still exploratory, not finalized. Trump’s executive order and March 2 announcement show intent, but congressional approval is likely needed for major purchases or funding beyond seized assets. Experts like Nic Carter (via web sources) doubt a “true” reserve will pass Congress due to economic and political opposition. Posts on X show mixed sentiment—some bullish, others skeptical—but no definitive action has occurred. Can Trump Make This Happen Unilaterally? No, Trump cannot create or fund a large-scale reserve alone. The executive order allows evaluating and potentially using seized assets (~200,000 Bitcoins), but expanding it (e.g., to 1 million Bitcoins) requires congressional legislation and funding. Some argue the Treasury’s Exchange Stabilization Fund could be used, but legal experts and posts on X suggest significant hurdles remain, including Federal Reserve and congressional oversight. This push in price is driven by hype, fomo and retail traders not understanding the market. Current Outlook: Risk/Reward = 1:12.5 📉 Bearish Scenario (Anticipated outcome) - ❌ Invalidation Level: Above $100,000 - 🔻 Downside Targets: Bitcoin appears to be testing the recent break of the parallel channel. We expect to see Bitcoin fall to test previous structure high, which lines up with the 61.8% fib at $75,000. ✅ Justification: - Bitcoin remains in a long-term bullish trend, however given the recent break below the parallel channel, we are currently still bearish whilst it remains below $100,000. - Bitcoin / the market have seen strong bullish moves since Trump became president, with "positive" news coming frequently. However, upon deeper inspection, this positive news lacks sustenance, and will likely be deflationary over the coming weeks and months as traders begin to realise that nothing has changed. ⚡ Key Takeaways: - 🔹 Bitcoin has broken the parallel channel to the downside, hinting at a potential further drop. - 🔹 The recent break of the channel is usually followed by a test of broken support, to be confirmed as resistance before falling lower. We believe this is what we are seeing now. - 🔹 Bitcoin still remains in a long-term bullish direction, so we will take shorts when appropriate, with tight stops at invalidation levels mentioned above. - 🔹 Expect price to fall from here, down towards $75,000 over the next few weeks / potentially months of consolidation. Bullish invalidation: - 🔹 If Bitcoin breaks above $100,000 we can consider a long, targeting $110,000. With a stop placed below the lower support of the ascending channel. We must wait for candle closes before entering. ❗Fundamental Outlook:❗ 📍The recent macroeconomic environment, including U.S. monetary policy shifts and global adoption of Bitcoin, has significant implications for its price. ❗1. U.S. Monetary Policy and Inflation Concerns The Federal Reserve’s cautious stance on interest rates in early 2025, coupled with persistent inflation fears, has driven investor interest in Bitcoin as a hedge against fiat currency devaluation. Lower interest rates or quantitative easing could further bolster Bitcoin’s appeal as a store of value. ❗2. Institutional Adoption and ETF Inflows Major financial institutions and Bitcoin ETFs have seen record inflows in 2025, with companies like BlackRock and Fidelity increasing their exposure. This institutional buying pressure supports a bullish outlook for Bitcoin, as it signals growing acceptance of cryptocurrencies in traditional finance. ❗3. Geopolitical Uncertainty Ongoing geopolitical tensions, such as U.S.-China trade disputes and regional conflicts, have increased demand for decentralized assets like Bitcoin, which are seen as immune to government interference or currency controls. ❗4. Halving and Supply Dynamics Although the most recent Bitcoin halving occurred in 2024, its effects on reducing new supply continue to tighten market dynamics, potentially driving prices higher as demand outpaces supply growth. Fundamental Analysis Conclusion 📍Macroeconomic uncertainty, institutional adoption, and Bitcoin’s supply dynamics create a bullish environment for its price. 📍Geopolitical risks and inflationary pressures reinforce Bitcoin’s role as a digital store of value, supporting upward price movement. 📍Growing ETF inflows and institutional interest suggest sustained buying pressure in the near term. Outlook: Mixed signals for Bitcoin direction 📈Given the combination of macroeconomic tailwinds, institutional adoption, and Bitcoin’s unique supply characteristics, the fundamentals point toward continued strength in Bitcoin prices. However, many of these fundamentals on the surface appear to point towards the bulls, but we must be cautious of trading what you hear, vs what you see. Technically, bitcoin is bearish in the shorter term, unless it breaks back above $100,000.
BITSTAMP:BTCUSDShort
by Who-Is-Caerus