$BTC fell by 3.5% today after rolling over from the critical resistance area at 35-36K.
The weekend rally was fueled by a very minimal trading volume. In fact, it was the lowest seen since early May.
As a reminder, we have to see volume levels return to the market for a real bullish breakout. This might explain the correction we are witnessing now, as the bullish weekend wasn’t sustained in terms of sufficient buying volume.
At the moment, market is in no-trade zone.We are waiting for a breakout.
Key Support Levels: $34,000, $33,500, $32,700, $31,675, $31,185.
Key Resistance Levels: $34,570, $35,200 – $35,600, $36,375 – $36,620, $38,000.
The weekend rally was fueled by a very minimal trading volume. In fact, it was the lowest seen since early May.
As a reminder, we have to see volume levels return to the market for a real bullish breakout. This might explain the correction we are witnessing now, as the bullish weekend wasn’t sustained in terms of sufficient buying volume.
At the moment, market is in no-trade zone.We are waiting for a breakout.
Key Support Levels: $34,000, $33,500, $32,700, $31,675, $31,185.
Key Resistance Levels: $34,570, $35,200 – $35,600, $36,375 – $36,620, $38,000.
Combat Picks
$BNB long setup. Entry: 303-306 TP: 317 - 344 - 375 - open SL: 286 (do not overleverage)
I am re-entering this, use low funds and close stop lose.
CMP: 304.4
HIGH RISK
CMP: 304.4
HIGH RISK
$DASH short setup.
Entry: 131
TP: 125.6 - 121
SL: 133
https://s3.tradingview.com/snapshots/3/3oXJW4Az.png
Entry: 131
TP: 125.6 - 121
SL: 133
https://s3.tradingview.com/snapshots/3/3oXJW4Az.png
Combat Picks pinned «Move SL at 135, Bitcoin is retesting and will dump https://www.tradingview.com/x/htYFLmQG/»
NEWS🚨
Coinbase CEO Brian Armstrong Says Chinese Digital Yuan is a Threat to US$.
Armstrong says the digital yuan threatens the dollar’s position as a reserve currency.
Also, Armstrong met with several lawmakers and regulators to share his opinion.
More here
Coinbase CEO Brian Armstrong Says Chinese Digital Yuan is a Threat to US$.
Armstrong says the digital yuan threatens the dollar’s position as a reserve currency.
Also, Armstrong met with several lawmakers and regulators to share his opinion.
More here
CoinQuora - Latest Cryptocurrency and Blockchain News.
Coinbase CEO Says Chinese Digital Yuan a Threat to US$
Coinbase CEO Brian Armstrong believes that the Chines CBDC (digital yuan) is a threat to the US dollar. Read on.
$ETH doesnt look strong either.
Twitter: https://twitter.com/Cos_CombatPicks/status/1412096130389667844?s=20
Twitter: https://twitter.com/Cos_CombatPicks/status/1412096130389667844?s=20
Combat Picks
$ETH doesnt look strong either. Twitter: https://twitter.com/Cos_CombatPicks/status/1412096130389667844?s=20
$ETH bearish pennant on lower TFs.
I may enter short here after confirmation.
I may enter short here after confirmation.
Combat Picks
$BTC SHORT SETUP Use no more then 10-20x. Entry: 33.7 - 30% 33.9 - 30% 34.2 - 20% 34.5 - 20% Targets: 32.8 - 25% 31.9 - 22% 30.9 - 20% 29.8 and 28.5 - the rest SL: 35.3 I am personally risking a lot of my portofolio with this trade. I am not advising…
You can enter now if you didnt catch it.
Risky call !
Risky call !