GMT 0
24th July Wednesday 2024
Followin the drop in the EUR against the dollar the previous day. Chart speaks louder than tools yeah. Looking to your left, you’d of course know that the region of 1.08400 - 1.08510 serves as a resistance which has just been tested. One can place a short buy from 1.08510 with a stop loss at 1.08400, taking profit at 1.08740. NFA
Good day folks. I trust you’re all doing good.
Fast track to my analysis for this week on BTCUSD vs ALTBTC. The major resistance so far has been $30.8k to $31k. Despite some people calling it bullish of all kinds of aspect, flag, double bottom sort ; I’m seeing nothing of such.
As much as we don’t go above 31k zone and retest it; any bullish movement is a trap...
My analysis on how BTC the first and topmost cryptocurrency in the world has been so valid awhile. BTC has been in range awhile since both sellers and buyers don’t gain enough momentum to push the latter or the former outside of the picture. A very good resistance to observe on the 1H TF is the 30,800 region. Anytime it got close or hit that resistance, it always...
