At this point in my trading career, I can say with confidence that:
Price Action + Volume + Structure = The Holy Trinity
Every single time I listen to the macro, or the fundamentals, or the news, tips, or other indicators or some weird Wycoff pattern, I fuck up!
Never again!
@Where_Rizz_Tony There is no support, brother. The buyers are simply not there. No strength whatsoever.
This is probably my last post for now. I need to concentrate on my trades.
Best of luck, brother.
$ETH has now broken below the Summer 2021 low and continues to drop with strong selling pressure.
The 2018 ATH of $1448 is next. If that breaks, and volume supports it, then look out below! Gravity will take over ethereum:native
@Where_Rizz_Tony $BTC broke down from its bearish wedge.
Sliced thru 60k like a knife thru butter.
Selling pressure is picking up.
This last volume hourly bar will tell me everything I need to know. Let's watch the close.
$NVDA has broken the neckline of the Head & Shoulders pattern.
IF $NVDA can break below $200 with strong selling pressure, then it is over for the AI king.
$ETH has now broken below the Summer 2021 low and continues to drop with strong selling pressure.
The 2018 ATH of $1448 is next. If that breaks, and volume supports it, then look out below! Gravity will take over ethereum:native
Space X IPO will be a sell the news event and trade lower for the following couple of months later
SPX sharply drops lower to coincide with
We get a sharp rally beginning end of July / August
So does crypto
Space IPO investors barely get into profit again
Q4 market drops out its ass again