BashTheTrader ππ
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NASDAQ Playmaker π― - BROKER being used: https://one.exnesslink.com/boarding/sign-up/a/zfgy33unz7 β οΈ It is imperative that you use correct risk management for every trade β οΈ
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JP Morgan discloses spot ETF BITCOIN holdings for the first time since the full ETF launched on January 11!
Could this indicate a bullish sentiment? Of course not. We still need to rely solely on our fundamentals of demand and supply.
To support this idea, we have seen a strong selling momentum with bears shaking up the price and of course a 30% correction from most recent high on ETHUSD.
My analysis begins with identifying critical phases that characterize the end of a trend and preparation for a potential reversal as seen on the price chart above. Therefore we may anticipate a price reversal very soon.
Ethereum (ETHUSD): A Wyckoff Accumulation Perspective - https://www.tradingview.com/x/s2ORESIm/
Thereβs so much uncertainty and fear in the markets as investors move their assets to a safe haven due to war. Trade carefully this week
Pairs that would be affected by the war
- USD
- GBP
- Cryptos
- Indices
- Stocks
- Gold
Iran attacked Israel yesterday sending in over 200 missiles over Jerusalem hence the drop in price of cryptos. When thereβs war crypto becomes red
You need to have big account in order to trade BTC keep that in mind. BTC is very expensive.
BUY BTCUSD swing trade
E 69,100
TP 77,000
SL - Determine your risk threshold
https://www.tradingview.com/x/NSgHXFec/ ETHUSD DAILY CHART UPDATE - Ethereum to hit $4,200
https://www.tradingview.com/x/Rt6YrMvp/ BTCUSD 4H CHART UPDATE - Projected Path: There's a line on the chart pointing upwards, and it's saying, 'Hey, we're heading higher.' And the big news? This price is aiming for Bitcoin to hit $77,000.
So, what the chart's telling us is pretty clear β Bitcoin's looking to jump even higher. If you're thinking about getting in, doing it when the price dips could be a good move. But play it cool β apply risk management effectively"
