All day watching $TRADOOR even though it's 10% in the red right now, there's no more strength to break the support. Just a reminder that it dropped from $10 to $0.64 in hours. A futures trade from $0.75 to $2 with low leverage of 3x or 8x will give you a nice profit. In a short time, #tradoor buy low sell high.
Why is everyone talking about $BTC hitting 80k? If I look at the chart, there’s no resistance at 80, but there is around 90k. If I analyze the chart closely, the resistance is actually right now at the max, 79k, which will likely correct to around 75/70 before we can push to those 80k+ levels everyone is mentioning. I'm going short.
Waiting to see if it retests the resistance of 74,900/75,000 in $btc if it breaks we will see a maximum perhaps up to 83,000 but I will be looking for a short at 75,000
Entry 75,000 Tp1 73,000 Tp2 71,500 Tp3 70,500
Sl 76,000
If it breaks this stop loss we will see btc in a very short future.
Let's talk about $TRUTH this morning, its market capitalization was 600m and by this hour it is 100m, meaning it has lost 80% of its capitalization in hours.
In conclusion, according to my analysis, not only technical but psychological. It will look for new levels, but not higher, rather lower, perhaps not a 0.0 but a 0.00..
We are really in all markets in a bear market. Those who say it will explode, will burst, etc., may really happen, but for the moment, it is not like that.
$BANANAS31 I don't see it as a bearish trend, but rather as a correction. I still have a small expectation that this crypto can reach 0.009 or 0.01 in the short term and may return to its maximum of 0.09 in the long term. However, if buyers apply more pressure, we could reach 0.009 in a very short time. For now, we remain in correction until buyers do their part.