In this video I give some bullish arguments, but I also talk about why it's still important to be cautious. I'm a bit more optimistic in this video than I was in my most recent written analysis, but the message is somewhat the same. This video is for people who are more visual/auditory learners who have a hard time reading my long-winded analysis. I try to be as clear as possible with what I'm seeing here.
Hope you enjoy. I say this in the video, but I'll write it here too: This is NOT financial advice. This is my hobby––I enjoy analyzing the market. Please consult a professional financial advisor before you buy or sell.
Right now, with things very stagnant and depressing, I think it's important for those like me who have an interest in analysis to continue speaking out. Thanks again for your support!
-Victor Cobra
Hope you enjoy. I say this in the video, but I'll write it here too: This is NOT financial advice. This is my hobby––I enjoy analyzing the market. Please consult a professional financial advisor before you buy or sell.
Right now, with things very stagnant and depressing, I think it's important for those like me who have an interest in analysis to continue speaking out. Thanks again for your support!
-Victor Cobra
Nota
Alts are still really struggling - not even able to break the recent downtrend on this move, but Bitcoin was able to smash right through. If we use a potential triangle resistance for Bitcoin, it can head towards the 11.4-11.5K zone next. Nota
Dominance has broken out to the upside, despite many people calling for a drop here, including myself. The next resistance is in the 74-75% area at the top of the wedge. The next horizontal resistance isn't until 77-80% Nota
We actually really have two wedges. Either way, there could be some upside for dominance here. I kind of doubt it will sustain much higher levels, but the market continues to favor Bitcoin by a wide margin. Nota
These are the other triangles to pay attention to: 
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.