Sad days for crypto market, everyone in hope for back to normal, some in denial. Feels the blues.
That's what the data shows me. Confirmed weekly downtrend reversal. Monthly is not yet clear. Everything else has a clear trend.
When the timeframes get lower and lower and you have a higher timeframe that shows bad, then it's mostly bad.
Daily
That's what the data shows me. Confirmed weekly downtrend reversal. Monthly is not yet clear. Everything else has a clear trend.
When the timeframes get lower and lower and you have a higher timeframe that shows bad, then it's mostly bad.
Daily
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Downtrend and Resistance in Futures Volume Weekly on FTX
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Chart For Daily Confirmation Track for this idea
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Weekly Overview
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Well, big mistake. I didn't wait for the candle close. My bad.
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I didn't wait for weekly candle close , that was my mistake with the shorting because the charting was based on that candles current form.
But then that candle metamorphosed into something else within 1d 9h.
Could have foreseen this because the lower timeframe had Ultra 200 support.
That was critical damage against the Resistance.
Result twitter.com/HhanJR44.../1458105330567634945
But then that candle metamorphosed into something else within 1d 9h.
Could have foreseen this because the lower timeframe had Ultra 200 support.
That was critical damage against the Resistance.
Result twitter.com/HhanJR44.../1458105330567634945
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Two (2) weeks later the same signals but the candle is closed. Not the same mistake again.
We actually got somewhat trend reversal signals on the weekly. Yes, it can be a false signal but that's the risk here.
We actually got somewhat trend reversal signals on the weekly. Yes, it can be a false signal but that's the risk here.
