Just something I see, may playout, resting on an important fib level atm! This is not a trade idea, just a overall market analysis! Be safe!
Just wanted to say that i'm going to be more professional from now on. I want to build a trading community where learning, mental state, health and lifestyle is the core, and RR, watchlish, TP, SL come second. Trading and investing is about a balance, it can take your life away, in this community you will learn to find your balance! More informaition later,...
last push looks to be a fakout, be on the lookout!
GOLD about to have a major breakdown, DXY looking nice, and SPY about to spill. BTC about to fall.
I will see how this bounce playouts, but since we went so fast down from highs, I dont belive anymore that $10 will be the lowest chainlink will tuoch this autumn. Safer longs should be around $6-$8, you could also play short. Happy trading!
ETH looks weak, will be shorting around this level. Looking for long term longs around 260 area, which coincide with the breakout, i.e. this is a retest! Overall this is a pause period for crypto, major bull will resume soon. 🚀 This is a chart with an idea for a short and long
LINK should bounce now for a bit, im long from the $10 area. This went quicker than initially thought, so I will be quick to get out of any longs if it looks weak. Happy trading!
Position yourself the best way for the bull run by getting a good entry with high ROI. I think it will consolidate in this formation chartered here. Any buy between 10$-13$ is great! If you want to play short, there are clear levels to short and levels to TP, play it safe!
While 10 is a great buy, we will have to reassess when it gets there if we should look for lower buyins. You could play short aswell, purple was a great area for another short.
A long idea on YFII
I will post comments about my idea for $BTC bitcoin and what it has in mind for us!