Crypto Market Over pumped?

in powerclub •  2 years ago 

Good evening to all my friends. I hope you all doing well. Monday is always boring for office guys. Yeah😁 i know many of you got bored in office but we have to look forward. Today i am going to tell you few important things about market and i hope it will help you.

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IF THE FED PUMPS ES AND DUMPS DXY PAST SUPPORT EVEN IF BITCOIN RETRACES THE BOTTOM IS IN AND I RECOMMEND LOW LEVERAGE BUY EVERYTHING. BITCOIN MUST SUSTAIN ABOVE 25 K FOR THIS TO HAPPEN… IF IT REJECTS I PLAN ON BUYING 20.5 WITH A WAY TOO RISKY AMOUNT OF MONEY.

In conclusion. I think the next “best trade” is a short… but based off FOMC reaction, we could enter the first “dip” of the new bull market in crypto. Let ES DXY and FOMC talk for the next 2-3 days and we should be setup to understand the next coming months.

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This is one of the most confusing times in the history of markets. Markets don’t agree with Fed, Fed doesn’t agree with market. And every economist is telling you bear market, while every bitcoin maxi is screaming bull market. Stocks breaking out of trend line while FED funds rate and the yield curve are inverted. Most typical justifications for having a HTF bias are completely contradictory. So if anyone feels confused, do not feel bad. You are literally experiencing one of the weirdest situations in the history of markets.

Btw i took few trades yesterday and got good profit. Now i am just watching the market as i said earlier. Thanks & have a good day!!

@abfarhan

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  ¡  2 years ago  ¡  

Nice trade. I also had that nPOC & weekly on my BTC chart. Took the short.

There is an untapped daily at 20673 dying to be taken out.

  ¡  2 years ago  ¡  

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