@InvestingWithMK As we have two unmitigated fresh demand zones, can you please help me understand why it would be a good idea to look for buy entries there? Also, we have a strong supply + dragon above so market can go till there I am confused :-(
#Bitcoin Update
Signs of participation in the altcoin market indicate that Institutions are gradually re-entering the #crypto space. The short-term target for $BTC points to the $30-32K area, but a larger count could be in play.
From #Wyckoff Crypto Discussion 8.10.2022
🎮 #BiasGame 151- Quiz
Fellow traders, play our weekly Bias Game. Is this chart showing Accumulation OR Distribution?
Vote on the next poll tweet in this thread!
ReTweet if you like this game, challenge your friends and help us share. #Wyckoff
#XRP/#USDT Trade Analysis
#Ripple currently trading at $0.37 level in a downtrend below 400EMA. $0.38 was previous Support, if rejects from this & break $0.35, it'll be a confirm short trade.
TF: 4H
Sell: $0.35
SL: $0.37
TP: $0.30
More details in telegram https://t.co/9nIX8MEZy9
Pro Tip for Morally Corrupt: If you post a #BTC moon chart now you will gain more followers. You can use them to pamp and damp later
People want hopium at desperate times
You can expect a relief rise (rally if strong), you may enter on BO up without waiting for retests, but you should immediately move SL to entry on 1 to 2% move up.
If Relief rise is supported by volume, you can print money, otherwise exit at BE. And open short on retest.