Sideways ascending channel before dump. Stay the course.
Hi Traders,
As the weeks loses are realised on FTX and the damage assessed we likely have a week or so of ranging before ending the NEXT weekly candle massively downward so please consider any upward move just trapping liquidity/bag holders.
The downward move has been executed, well timed by CZ and the powers at be also aligning with TESLA seeing billions of stock value hence the market is looking to shed value massively as the weeks continue.
Shorts should be added too when reaching the top of the recent ranges coins have created - small longs consider in the coming few days at the bottom of the range as leverage shakeouts will take place. DONT FALL FOR THE OVER EXTENDED PRICE TRAPS, the next weekly candle is the one to continue the dumping so weight for that to open before getting heavy on shorts.
Eth will likely find a new low price in the 400-750 area depending massively if any further big players implode.
Goodluck,
Asset mastery
As the weeks loses are realised on FTX and the damage assessed we likely have a week or so of ranging before ending the NEXT weekly candle massively downward so please consider any upward move just trapping liquidity/bag holders.
The downward move has been executed, well timed by CZ and the powers at be also aligning with TESLA seeing billions of stock value hence the market is looking to shed value massively as the weeks continue.
Shorts should be added too when reaching the top of the recent ranges coins have created - small longs consider in the coming few days at the bottom of the range as leverage shakeouts will take place. DONT FALL FOR THE OVER EXTENDED PRICE TRAPS, the next weekly candle is the one to continue the dumping so weight for that to open before getting heavy on shorts.
Eth will likely find a new low price in the 400-750 area depending massively if any further big players implode.
Goodluck,
Asset mastery