Crash talk🫠 Talk of manipulation and fake outs should have been anticipated weeks ago. Markets refusing to react appropriately after consecutive weeks of high cpi readings and then a super hawkish Jerome Powell speech was crazy work. Bitcoin is still in bull territory for this consolidation range. 🫠 Many are calling crash already, lol. A 20% correction would be at 86k which is where the bottom of the consolidation is at on daily timeframe. That wouldn't even be considered a crash as 20% is normal for btc in bull environments.
Areas of interets: Bullish mitigation block (the gray rectangle).
Vwap: (green)Anchored below the Nov. 5th trump pump candle which is being tested
50 ema: (dark blue ema) being tested for first time on daily time frame
💡I also anchored a volume profile at the Nov. 5th trump pump and value area low also coincidences with the areas of interest.
💡Daily stochastic is oversold riding the floor and the daily rsi is below 50 with chance of making bullish divergences with prior lows
Areas of interets: Bullish mitigation block (the gray rectangle).
Vwap: (green)Anchored below the Nov. 5th trump pump candle which is being tested
50 ema: (dark blue ema) being tested for first time on daily time frame
💡I also anchored a volume profile at the Nov. 5th trump pump and value area low also coincidences with the areas of interest.
💡Daily stochastic is oversold riding the floor and the daily rsi is below 50 with chance of making bullish divergences with prior lows
Check out my Youtube analysis & posts! I have a small, private trading team on telegram, & I do not have anything to sell you. No subscription or membership. Swing trading/ scalping. 1 hand washes the other.
💡 "Only1CryptoFuze" is my telegram handle.
💡 "Only1CryptoFuze" is my telegram handle.
免責聲明
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。
Check out my Youtube analysis & posts! I have a small, private trading team on telegram, & I do not have anything to sell you. No subscription or membership. Swing trading/ scalping. 1 hand washes the other.
💡 "Only1CryptoFuze" is my telegram handle.
💡 "Only1CryptoFuze" is my telegram handle.
免責聲明
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。