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📝 79Trading Plan #BTC Weeky 11-18 / 11📌
🔥$BTC has had a terribly impressive week of growth after #TRUMP's election. Currently, $BTC has increased 20% from 67k to 82k, so how will $BTC and #Altcoin perform this week? Please refer to the information in the comments.
If you find it interesting and useful, then... x.com/i/web/status/18558998249...
'TRON' must be translated into 'TRON'.
'BTC' must be translated into 'BTC'.
'LTC' must be translated into 'LTC'.
'HT' must be translated into 'HT'.
'PLA' must be translated into 'PLA'.
'RON' must be translated into 'RON'.
'ONG' must be translated into 'ONG'.
I. $BTC
1.1 Weekly Frame
$BTC closed a strong green candle pumping 20%, this is a large amplitude showing buying power when breaking through the ATH resistance and news pressure from the presidential election.
Volume was also larger than previous weeks during the period… x.com/i/web/status/18559002413...
II. Market Index
2.1 USDT.D
USDT.D has officially closed the candle and traded in large volume below the 4.7% zone, confirming the break of the uptrend and a bearish reversal, supporting the start of the Uptrend cycle. Currently, USDT.D has entered the oversold zone, the possibility of… x.com/i/web/status/18559006343...
III. News
3.1. Macro
We don't have any special news this week, the market is currently revolving around Trump and the FED's unexpected statements on interest rate policy and Crypto-related laws. Powell will speak on November 15 at 3am, if… x.com/i/web/status/18559008204...
IV. Conclusion
This week, if it's SPOT, I advise you to limit FOMO, but for Longing / Short, this place is 50 50 for me.
Playing m5 m15 for DayTrading is more reasonable than Swing.
The market needs a 5-10k correction after a strong 15k increase from… x.com/i/web/status/18559009225...
Sector:
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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