According from cryptoquant chart, big short maybe ๐ค
Hello to all traders. ๐๐
I hope all your deals will hit their targets. ๐๐
Excerpt directly from Mr. Woominkyu's article : ๐๐(( Based on the current chart, with the SOPR Ratio calculated as a 30-day moving average above 1, it can be interpreted that Bitcoin holders (Smart Money) in profit are realizing gains and selling. Looking at historical data, the current position of Bitcoin is not considered an optimal entry point for buying.))๐๐
According to the previous analysis that we mentioned, this point is an important point for Bitcoin and it seems that the fifth wave of price growth is ending and we can expect a price correction. In the chart that I posted on the chart, you can see that the price has made a drastic price correction at the specified points.
Don't forget that this is just an analysis to give you an idea and trade with your own strategy. And don't forget the stop loss๐๐๐
โค๏ธโค๏ธโค๏ธThe only friend you have in financial markets is your stop lossโค๏ธโค๏ธโค๏ธ
Please support me with your โ ' like'โ and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ๐๐
Be Happy , Ali Jamali
I hope all your deals will hit their targets. ๐๐
Excerpt directly from Mr. Woominkyu's article : ๐๐(( Based on the current chart, with the SOPR Ratio calculated as a 30-day moving average above 1, it can be interpreted that Bitcoin holders (Smart Money) in profit are realizing gains and selling. Looking at historical data, the current position of Bitcoin is not considered an optimal entry point for buying.))๐๐
According to the previous analysis that we mentioned, this point is an important point for Bitcoin and it seems that the fifth wave of price growth is ending and we can expect a price correction. In the chart that I posted on the chart, you can see that the price has made a drastic price correction at the specified points.
Don't forget that this is just an analysis to give you an idea and trade with your own strategy. And don't forget the stop loss๐๐๐
โค๏ธโค๏ธโค๏ธThe only friend you have in financial markets is your stop lossโค๏ธโค๏ธโค๏ธ
Please support me with your โ ' like'โ and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ๐๐
Be Happy , Ali Jamali
์กํฐ๋ธ ํธ๋ ์ด๋:
I had warned you in time. Never trust Bitcoin๐ฅถ๐ฅถ๐๐๐๐
I hope you took my warning seriously. We have to wait to see how much Bitcoin will fall. The next support for the fall is $47,400, which in case of failure can cause the price to fall further
I hope you took my warning seriously. We have to wait to see how much Bitcoin will fall. The next support for the fall is $47,400, which in case of failure can cause the price to fall further
์กํฐ๋ธ ํธ๋ ์ด๋:
in RSI and MACD, the negative divergence is clearly visible. i expect the price to drop from here
