btc longterm analysis
Hello folks!
Today will see the expiry of 49,400 BTC worth of outstanding derivative contracts. This is equivalent to $328 million in Bitcoin open interest.
Surely a return to volatility yeah!
Let's see tuesday where the market close but I have already an idea...
Fans are typically drawn from changes in trend or reversal points such as tops or bottoms and are a good way to measure a market's trend or strength. During an uptrend, if price stays in the space above an ascending angle without breaking below it, the market is considered bullish . During a downtrend, if price remains below a descending angle without breaking above it, the market is considered bearish .
It's a powerful indicator and it becomes even more powerful if you combine it with another powerful indicator like Ichimoku
I have done a lot of good shorts from the beginning of the month.
Let's take a look at the weekly chart with ichimoku >>>>
Today will see the expiry of 49,400 BTC worth of outstanding derivative contracts. This is equivalent to $328 million in Bitcoin open interest.
Surely a return to volatility yeah!
Let's see tuesday where the market close but I have already an idea...
Fans are typically drawn from changes in trend or reversal points such as tops or bottoms and are a good way to measure a market's trend or strength. During an uptrend, if price stays in the space above an ascending angle without breaking below it, the market is considered bullish . During a downtrend, if price remains below a descending angle without breaking above it, the market is considered bearish .
It's a powerful indicator and it becomes even more powerful if you combine it with another powerful indicator like Ichimoku
I have done a lot of good shorts from the beginning of the month.
Let's take a look at the weekly chart with ichimoku >>>>
Not
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.