A look at the big picture shows obvious bearish bias, but for how long?
I expect March to be a very volatile month, though, it is hard to tell with all of the arbitrage going on!
Not that that is a bad thing, though, protect your positions.
LOGIC BEHIND SHORT :
1. WEEKLY EMAS CONVERGING INTO A BEARISH TREND.
2. NEW RESISTANCE HELD AND CLOSED FEBRUARY LOW.
3. MEMORIES OF MARCH BEING HISTORICALLY BEARISH DRIVING FOMO EXITS/BUYS.
4. LOWER TIME FRAMES INDICATE BEARISH MOMENTUM AS WELL.
5. I EXPECT A BULLISH HALVING, BUT I ALSO EXPECT A NEW ATL,
I expect March to be a very volatile month, though, it is hard to tell with all of the arbitrage going on!
Not that that is a bad thing, though, protect your positions.
LOGIC BEHIND SHORT :
1. WEEKLY EMAS CONVERGING INTO A BEARISH TREND.
2. NEW RESISTANCE HELD AND CLOSED FEBRUARY LOW.
3. MEMORIES OF MARCH BEING HISTORICALLY BEARISH DRIVING FOMO EXITS/BUYS.
4. LOWER TIME FRAMES INDICATE BEARISH MOMENTUM AS WELL.
5. I EXPECT A BULLISH HALVING, BUT I ALSO EXPECT A NEW ATL,
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。