This is why I'm sitting on my hands at the min, Engulfing daily candle bearish id closes today like this, right off resistance, and large resistance (Blue Line). Let the market do its thing. If it does I might take some shorts but on half lot size and tight stops #Crypto
Back to it this week, Not sure I like the 2D on #BTC Looks bearish, 41660 is the 200EMA, that is the line in the sand for me at this time. Always zoom out.
Here is my current market thesis for 2022. I don't grasp the full macro picture, but this exercise is helpful in aligning my views.
I share this knowing full well I may eat one on the chin and be completely wrong, but there is no honor in hiding.
Back to it this week, Not sure I like the 2D on #BTC Looks bearish, 41660 is the 200EMA, that is the line in the sand for me at this time. Always zoom out.
Back after spell of Covid!! Sitting on fence while this range continues. Rejection on top of wedge. The market will show the way, while it is in this I'm sitting it out.
ZK-rollups are the latest buzzword in the crypto sector and Polygon’s recent $400 million acquisition of Mir protocol shows developers are serious about finding a solution to Ethereum network congestion and high fees. https://t.co/iPBIj3Zb1i