Been watching BTC and am seeing it continue to range in this zone.
Can scalp through the channel and just watch for breakout. I just missed an entry earlier at the top of the channel before breakdown.
It's in a no-trade area - I would not trade any longer tfs but would just watch the channel and scalp out whatever you can right now.
Correlates are breaking down (DXY, SPX) and the market is generally confused and crabbing. I wouldn't expect anything else into october maybe with high volatility and lots of weird unexpected moves and breakouts that just halt and reverse. Take profit aggressively or maybe just trade other assets and keep monitoring btc for now.
I would expect more regulation, clamp downs, laws making transactions with crypto illegal etc.
The central banks are scared and the participants and public are distrustful of them which will make their fight for power and control potentially more aggressive.
For now the USD seems like the best asset to be holding and I will just continue to scalp the markets and monitor the news and central banks.
Wake up for any fed news drop and be ready for high volatility, confusion, and no clear direction.
Can scalp through the channel and just watch for breakout. I just missed an entry earlier at the top of the channel before breakdown.
It's in a no-trade area - I would not trade any longer tfs but would just watch the channel and scalp out whatever you can right now.
Correlates are breaking down (DXY, SPX) and the market is generally confused and crabbing. I wouldn't expect anything else into october maybe with high volatility and lots of weird unexpected moves and breakouts that just halt and reverse. Take profit aggressively or maybe just trade other assets and keep monitoring btc for now.
I would expect more regulation, clamp downs, laws making transactions with crypto illegal etc.
The central banks are scared and the participants and public are distrustful of them which will make their fight for power and control potentially more aggressive.
For now the USD seems like the best asset to be holding and I will just continue to scalp the markets and monitor the news and central banks.
Wake up for any fed news drop and be ready for high volatility, confusion, and no clear direction.
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Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.