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Chart of the day

Chart of the day: BTC/USD – Weekly Chart

Historically low volume dumps are creating a possibility for the Mom and Dad investor/ trader to get tricked out of the market. 

Sheldon The Sniper by Sheldon The Sniper
January 21, 2022
in Signals & Trades
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This chart was provided by Rudo, the chart artist, from the EMC YouTube team!!

Historically low volume dumps are creating a possibility for the Mom and Dad investor/ trader to get tricked out of the market. 

We’re heading to the imbalance at $36.5k and will be crossing our stop limit. That’s a key area for the institutional investors to buy the dip knowing that retail traders will be in shock, FOMO as usual, and get back into the pump once its too late. Supporting this is the USD  reaching the max potential.

Don’t forget that we have locked in a hidden bullish divergence on both total market cap as well as on Bitcoin.

Tags: BTC
Sheldon The Sniper

Sheldon The Sniper

Crypto Trader, TA Analyst,Educator: Daily Market updates & key educational tips No financial advice! I won’t ask for money.

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