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Looking at a inverse Head And Shoulders forming looking to short DAI
This move looks cooked Shorting the dollar soon will be the move USD is valuable for short periods of FUD chaos Heres the parameters leading me to looking to deploy Letting the move finish out
We are at a point of change This will tell the next move only thing left is time This will only be resistance for so long.... The Battle for 50k wages below Bulls and Apes We call upon you In the Name of True Change!!!
Good to keep worst case scenarios and map them out for the Fed putting on the breaks how to deploy that capital either on paper or in the orderbook consolidation of sideways price action usually leads to a pop in a direction
closes a candle full-body outside this line BTC is going to have a bad hair day
when the lines are close together they're called clusters and mark a important level of support or resistance. Green is always more powerful than yellow. I draw boxes to mark the future price action reaction
Entry Price = 0.00002244 Target Price = 0.00005000 Potential Gain = 123%
This is what I could draw based on what I have studied so far in analysis ! is it going to rise or it's heading for its grave ?
- Here we have good consolidation, good volume coming in and prices moving above EMA10 (green line on the chart). - The "moving above EMA10" signal is only confirmed when the weekly candle closes, which is after Sunday. If prices move and close below EMA10 weekly you can disregard this signal as it is invalidated. When the signal is yet to be confirmed, we call...
Hello, wonderful person! Multi Collateral (DAI) CMC #54 Active Addresses +13% BTCPrice +4% BTCVol24h -53% Marketcap +11% Transactions +21% CryptoRatingBot -41%/+60% (cmc/cm) * % up/down from last established support/resistance line Monthly buy setup 3 above resistance. Bullish Weekly: Trying to breakthrough resistance. Close above .00017 will start a buy...
News Release!!! Wonderful market structure as well.