the move broke the channel without retesting and made new highs as expected
with global chip shortage and declined value of one of the largest suppliers what you think is going to happen when things go back to normal especially with the increasing demand 🤔 In times of confusion I believe the best opportunities are given This goes for a semiconductor companies what is technology without it
Basic Supply n demand My Original strategy at work hmu US30 showing bullish potential i guess all that bitcoin Inflation talk n investor fears was all gibberish
As bitcoin continues to become a popular option for investors us500 still kicking long term the buffet way i guess imagine Buffets portfolio becoming an index 😹🔥🔥
Basic Supply n demand I use fib levelz to mark my tp levels Heading is what it means fundamentally Forget gold forget bonds, what better place to invest ur about to inflate money than crypto i guess that's unless the banks don't plummet it to instill fear into the sheep of get rich quick masses withdrawing investment at a loss hence increasing market...
Doubt on....... i stand strong on holding my sell.daily bearish divergence Plus last analysis is clearly an expanding wedge Only time will tell Feel free to like,follow or do both just don't throw shade on my analysis in the comments we interpret The market in different ways as u can see in my past btc ideas Linked below Trade what u see n don't let ur optimism...
I've been posting shorts but i take longs to so don't think I'm pessimistic to BTC Tbt this boy is getting to much praise i mean like They just keep overbuying him just to withdraw These divergences are signs of the constant pumping and dumping we don't see before our eyes anyway people just want their money right tp in black lines Like, follow,share n do...
Watch ur step I spot a divergence And decided to place my tp1 at the orange line if no reversal occurs there my Tp2 will be the end of the short position
this setup is notorious for its sudden shorts Accompanied by divergence I ususally trade h4 came here to see if divergence was going to break trend just to find this
I spottiped a divergence for now just waiting for confirmation u know the longer the divergence the stronger so even if it dips ill be waiting
Institutional candles blew out the buyers now going back to break even on buys And potential bullish move as this could be our entry confirmation unless it makes one more If it fails to break zone im definitely going short hard
I'll update on this when I see something clear for now the dow dada will leave with this Feel free to follow comment and talk trading yo
I'm going short bcoz Divergence bearish The flag pattern is common to go short The cup formed .....u might not know of it or like it but history repeats itself okay My indicators however are signalling a high I know prolly temp but long run this is Going down strong so entry isn't now but we gone wait n see Accumulation now distribution u feel
Non much to it if it breaks im looking to add more
so I see a bearish divergence Supply n demand and it hitting the support as tp Other dropping as I publish lol
forgot to mark tp to previous post Horizontal lines in purple are tp levels when no break occurs
just waiting for a clear break n retest in this supposed bullish flag