The M2 liquidity index once again in the United States updated the historical maximum! π΅
The money supply M2 in the USA is again at the maximum - $ 21.86 trillion. Itβs just how many dollars are spinning in the economy now.
The more dollars, the stronger the inflation, but the more free money for investments.
Thus, historically, when there is more money, part of this mass sooner or later flows into bitcoin and other assets. π
The money supply M2 in the USA is again at the maximum - $ 21.86 trillion. Itβs just how many dollars are spinning in the economy now.
The more dollars, the stronger the inflation, but the more free money for investments.
Thus, historically, when there is more money, part of this mass sooner or later flows into bitcoin and other assets. π
Good morning.
As before, I wrote that until the 9th I expect a lateral movement without any impulses.
At the moment, you can notice a triangle, the formation of a sidewalk, a decrease along the trend line (short), and liquidity at the bottom.
In general, there is nothing new, again I am waiting for the side of the side with the possible removal of liquidity on the bottom, this will be all the movement until the 9th.
The 9th will already watch that we will be given out on the news and form a further local plan.
As before, I wrote that until the 9th I expect a lateral movement without any impulses.
At the moment, you can notice a triangle, the formation of a sidewalk, a decrease along the trend line (short), and liquidity at the bottom.
In general, there is nothing new, again I am waiting for the side of the side with the possible removal of liquidity on the bottom, this will be all the movement until the 9th.
The 9th will already watch that we will be given out on the news and form a further local plan.
πͺ Room #sol on | 4h | TF
The graph shows that the price over the night pulled an important support zone impulsively and is now trading at a price of $ 150, showing a decline.
πΌ If successful reinforcement above $ 152, will open an increase to $ 158, in case of a successful breakdown of $ 158, we expected to go up to the retest of zones $ 170 - $ 178
β¬οΈ If the price will not be able to overcome the resistance of $ 152, then we will see a decline and a breakdown of support of $ 147.5 and we will go below to a weekly minimum, where the buyers have previously proved to be confidently.
The market expects increased volatility in the coming days, which is why it is worth waiting for confirming the reaction from key levels.
The graph shows that the price over the night pulled an important support zone impulsively and is now trading at a price of $ 150, showing a decline.
πΌ If successful reinforcement above $ 152, will open an increase to $ 158, in case of a successful breakdown of $ 158, we expected to go up to the retest of zones $ 170 - $ 178
β¬οΈ If the price will not be able to overcome the resistance of $ 152, then we will see a decline and a breakdown of support of $ 147.5 and we will go below to a weekly minimum, where the buyers have previously proved to be confidently.
The market expects increased volatility in the coming days, which is why it is worth waiting for confirming the reaction from key levels.
POI (Point of Interest) in the translation literally - "Point of interest"
It is important to understand that POI is not a point in the literal sense, but rather a zone or level at which the price reaction is able to expect.
POI - is a zone in which large players accumulate their positions. Large capital will protect this area where their trading actions took place, including manipulations with the price.
A correctly defined area of ββinterest can give a high probability of market reaction and provide effective trading in the trend.
It is important to understand that POI is not a point in the literal sense, but rather a zone or level at which the price reaction is able to expect.
POI - is a zone in which large players accumulate their positions. Large capital will protect this area where their trading actions took place, including manipulations with the price.
A correctly defined area of ββinterest can give a high probability of market reaction and provide effective trading in the trend.