BRIEFING Week #20 : Price vs Value & Derivative MarketsHere's your weekly update ! Brought to you each weekend with years of track-record history..
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ATOM
ATOM Recovery Atom look like it pulled back from low of $8 we and up already we may see bullish in a few weeks. This coin will let you get a 5%+ APY on some of the exchanges. This one have not change since. This coin have High potential for it to recover back to $40. RSI way over sold in the 3 day time frame. Resistant in at the $10. The market is making a recover after fear.
BTC is likely testing 28-31k zone again, will it go straight?Under the macro circumstances of the markets we all know how risky it could get if the dollar keeps breaking higher highs.
The time to buy is close as well, but first we need more panic in the markets.
If you want to short I would wait for BTC to retest 38k before opening a position,
but it could just dump taking away the opportunity to scape for traders. I am keeping my short position for now but I am already
putting a stop loss over 38k.
Please leave your comments and feedback, I trade since 2014, and in all those years kept studying, taking courses and learning here on
Tradinview by publishing my analysis as well as seeing other professionals analysis. Feedback is always welcome. Have a good one.
The market is protecting ETH, and it´s over the 8 and 21 weekly Just pointing out how strong ETH is behaving against BTC,
bulls are strong not allowing it to loose value against BTC even in the harsh moments.
ETH.USD is not in a bull trend but if you think about ETH.BTC we are setting up for a jump,
let´s see how real that movement is if BTC dumps hard.
Just to understand how ETH is a great investment to dollar cost average just like BTC.
The dollar just broke the triangle and is probably going to testThe dollar just broke the triangle and is probably going to test the 100 support.
So, I am expecting a pull back for now, with high chance of further downtrend.
Please leave your comments and ideas, also check my past ideas below.
Good trading!
ETH have a chance of bouncing short squeezing BearsVitalik´s project seem to be the strongest Alt project at the moment, considering all the fees and problems ETH dealt with in the last 2 years.
ETH 2.0 is coming and I believe that people will try to speculate on it until the launch.
On my opinion best token to speculate at the moment.
Eyes on the SPX today, how is the Powell card gonna play out?Looks like we are being tricked here, be careful with the shorts today,
we could have a short squeeze before having more downside moves.
Check my DXY and BTC analysis below as well.
Have a good one, please leave your likes and comments to help me out sharing more ideas.