TOBTC 👉Technical Analysis
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Sina Osivand
Trader & Analyst 📊
FX since 2009, Crypto since 2016 🚀
Founder of @TOBTC & @LaqiraProtocol

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TOBTC 👉Technical Analysis
Voice message
Hi everyone
It’s Sina Osivand from TOBTC
Today we posted a signal on vip channel and was sure about it but something happened! It wasn’t the very first time we experienced it.
If you checked order book there was alot of buying orders that makes the market bullish but suddenly it shadowed at very lower price. Why? It’s a manipulation to liquid alot of people and get profit from market
No matter how much you are professional and talented it’s unexpected and unforeseen
Be careful about it
No matter what coin you are trading you should observe BTC too! Bcs no matter what trend your coin is followed till now, it will be impacted by BTC movement
A dump or pump on BTC can change the role of the market
TOBTC 👉Technical Analysis
Voice message
If you have studied price action and the struggle between the buyers and sellers you would know that when a side is heavier than other it will push the price. So it would be impossible when there were more buying order in the order book, price dump heavily
See have seen this frequently and got used to it
TOBTC 👉Technical Analysis
Voice message
Will translate tomorrow noon
Too tired now, sorry
It’s just a summary and clarification about last 2 podcasts
Elrond has integrated the Rosetta API framework developed by Coinbase.

https://elrond.com/blog/elrond-integrates-coinbase-rosetta-api
TOBTC 👉Technical Analysis
https://medium.com/injective-labs/injective-integrates-with-polkadot-to-expand-its-decentralized-cross-chain-derivatives-trading-603afcda4bda
پلتفرم Polkadot هم این روزها فعالیت بسیار گسترده‌ای را در زمینه‌ی غیرمتمرکزسازی پروژه‌ها آغاز کرده و سعی دارد محدودیت‌ها را در بلاکچین‌ها با استفاده از تکنولوژی Cross-Chain بر دارد.

#DOT
Hello everyone
It’s Sina Osivand from TOBTC
Analysis from 5min timeframe :
As you can see BTC could touch the ceil of uptrend for few times and pumped to 11721 as we marker in our chart
Then it began its correction and entered the dotted area I specified in the chart
It’s above dynamic support
I mentioned 3 ma in the previous podcast (35,100,200)
35 play as a support here
I expected to reach higher targets but it couldn’t. I believe they are still available
It should get back to 200ma as we all expect it
We believe there is certain need for a deep correction if it’s going to reach 12k
It touched the ceil 4 times and the floor 3 time
There are several alternatives for future movement the red one in the chart is the least possible which needs fundamental or good news but it’s still possible
100 ma broke the 200ma several times and at one point broke 200ma and 35ma at the same place which is a very important
There will be a buy zone as i specified in the chart. But if only it breaks the support and goes to 10k channel it may create a new downtrend channel and goes for 9k
Keep an eye on higher timeframe like monthly and weekly. Monthly will close in 13 days and it’s very important to be careful about it
Another important thing that will impact market is usa election
It’s a young market and there will be always manipulation and defraud
So be careful and patient !
Respect your money and it will respect you