BTCUSDT Due to Powell's hawkish speech, Bitcoin fell below $100,000, down 5% in 24 hours, and a large number of altcoins fell by more than 10%. The total amount of liquidation in 24 hours reached $709 million, and long orders were liquidated for $612 million
I posted this twice before and I will post it again...
The market is doing the same thing it did last year at this time...
Last year's Daily HL came on December 3, before continuing to where we are right now.
This year the daily HL came December 18.
Swing buyers gear up...structure is still being upheld on the largest timeframes...
We are currently at the Daily HL and it will only be a matter of time for an ATH to be formed again.
With all of today's volatility...the price is still only at a HL on the daily timeframe which creates the perfect opportunity for more swing entries.
Again I will repeat for beginners, if you do not have the experience, please ensure you practice on demo accounts and do not risk your hard earned money.
You must make sure your account is strong enough to handle bigger retracements to the HL on the largest timeframes.
Also I have been preaching this, that you must cover your profits on your HH's.
Also if you take an entry on a HL going to the ATH and the timeframe you entered on only makes a LH, you have a consolidation move on your hands and you must TP, unless you have previous trades that are able to cover your drawdown.
What I am waiting on right now? more confirmation HL's to continue on the trend.
Guaranteed HL's to HH's in this bullish market.
Any sells are temporary retracements to form the larger HL's.
UUSTEC.F I posted like three times here that this was going to happen. Do you really think that this would just go up forever? Rookie move pals.
Bulls here wanted to spike Nas100 just on FOMO and emotions, with no real news, no evidence, nothing to back it up. Today I profited $7,254 on this beautiful move. Not bad for a 1 day profit.
NAS100 legend has it csutanto172776 's account is on negative balance and all efforts of his broker to reach him to pay up his debt has proven abortive
tradingview.com/x/np3Xo0YB/ there's little to be happy if this is dead cat bounce. we are on at the bottom of the august trendline, in the past has always bounced off vigorously, it has received support from 25 daily sma, the yellow line is 200