even though USDT dominance is considered a psychological chart. but patterns are patterns and they are made on human emotions, which are repeated over and over again. in this chart, you can see a clear direction of when to long and when to short the crypto market. or if you are spot holder. you will know when to enter or exit the market in general.
I am leaning more towards the bullish side at the moment even though things look bearish. as there is liquidity to the upside. with CPI data coming out tomorrow. it can go up and get everyone bullish but reverse back down for a longer bear market trend
This is what I am looking for price action leading to tomorrow. Not financial advice
Just an update to my previous post. Stop loss below the current low
will wait for monday london open and then look for to take a trade
short activated will keep trackeing on the hourly time frame. use EMA 50 , if candle body closes above 50EMA then close the trade. if it drops back below and confirms body close. re enter with retest not below or after.
this is what i am looking for price action. to do. any level broken , will re-evaluate overall price action
not financial advice. no trade taken at the moment this idea is taken by fibs and possible retracements. any questions ask below will post more detailed ideas over the weekend
not financial advice. no trade taken at the moment this idea is taken by fibs and possible retracements. any questions ask below
not financial advice. all my trade will be according to this idea is taken by fibs and possible retracements. any questions ask below will change my thesis if they get invalidated
not financial advice. all my trade will be according to this idea is taken by fibs and possible retracements. any questions ask below will change my thesis if they get invalidates
close up not financial advice. this idea is taken by fibs and possible retracements. any questions ask below
not financial advice. short taken at 12708. this idea is taken by fibs and possible retracements. any questions ask below
not financial advice. this is how I have my orders set along with TP's. will see how it plans out
this is not financial advice. this is my journey for trading. i am not entering a short position for now. will wait for retrace of long to enter short
not financial advice. short taken at 12708. this idea is taken by fibs and possible retracements. any questions ask below