Chinese suspension of Crypto has a "huge" impact on the overall market temporarily. The panic effect should be settle between Aug-Sept 2021. KSM/DOT was Chinese investors' favor. With a long-term view of the fundamentals in the ecosystem, we should expect both tokens back to an all-time high. In Crypto, price movement is temporary and seasonal, buying dips...
USD continues showing its weakness and GBP will benefit from HK event where BNO holders will exchange HKD to GBP while they move to UK. We might see a little pullback at the current level, but I expect once we move to new high, we will reach $1.44 level
Do your DD, ignore the amateurs who tried to outsmart the market by just drawing charts.
We are shorting if the trend line is broken. Going for an ABCD Move WATCH PA
5 Waves in the play, Stop Loss is needed. Trade Valide Until the end of this week. Close Position Before the end of this week.
We are looking for long here as profit to short is limited via higher risk. Watch PA to find out where it's going. Stop Loss is needed if the price breaks the green area.