Tunnellization
970 views
3 Posts
Hot
Latest
Turbo is already in profit. For those who missed the initial entry, keep an eye on it. Wait for a new candle to close above the resistance, and then Turbo is likely to soar.
Turbo is so close to breakout, keep eyes on it â#turbofinance #Tunnellization #TURBO/USDT #AiNarratives $BTC $ETH
Turbo is so close to breakout, keep eyes on it â#turbofinance #Tunnellization #TURBO/USDT #AiNarratives $BTC $ETH
Uncertainty and "tunnellization" âĄïž
or
What to do now with BTC?
There have been some days in which an intense debate has surged in Binance Feed, and a lot of people are looking for making predictive results in what would be Bitcoin price trend in the next hours, days, weeks and even years. Of course, the general trend in BTC is to be bullish in the very long term (just imagine its price in 2028-2032), but people in general is more concentrated in the short term, almost like gambling the results , sometimes having big gainings, sometimes big losses.
What's the current situation? Some hours ago BTC price has been making a "tunnellization," which means, by following a 1-hour candlestick timing and Bollinger bands behavior, that price trend is going almost horizontal in time while being "compressed" between the bands. The issue here is that, while going horizontal, a shadow trend in liquidation heatmap is showing another "tunnellization," price trend is moving between two capitalization lines, both over and under the price and far away relatively at the same distances.
This situation makes predictions harder to match our actions inside market, so it's necessary to have a Plan A and a Plan B:
đ Plan A: If BTC goes upward and over 70k, or even beyond ATH, a new Spot Grid with PAXGBTC pair will be activated when volume start loosing force.
đ Plan B: If BTC goes downward and seeking 60k or deeper, well, it's time to buy cheaper BTC directly, and even a buy-the-dip purchasing will be the action to put over the table.
Such, considering that my current investing line is totally aligned with risk-aversion, as far as possible because I don't have enough collateral for trading in Futures -especially by using any amount of leverage.
$BTC $PAXG #RiskAversion #Tunnellization
or
What to do now with BTC?
There have been some days in which an intense debate has surged in Binance Feed, and a lot of people are looking for making predictive results in what would be Bitcoin price trend in the next hours, days, weeks and even years. Of course, the general trend in BTC is to be bullish in the very long term (just imagine its price in 2028-2032), but people in general is more concentrated in the short term, almost like gambling the results , sometimes having big gainings, sometimes big losses.
What's the current situation? Some hours ago BTC price has been making a "tunnellization," which means, by following a 1-hour candlestick timing and Bollinger bands behavior, that price trend is going almost horizontal in time while being "compressed" between the bands. The issue here is that, while going horizontal, a shadow trend in liquidation heatmap is showing another "tunnellization," price trend is moving between two capitalization lines, both over and under the price and far away relatively at the same distances.
This situation makes predictions harder to match our actions inside market, so it's necessary to have a Plan A and a Plan B:
đ Plan A: If BTC goes upward and over 70k, or even beyond ATH, a new Spot Grid with PAXGBTC pair will be activated when volume start loosing force.
đ Plan B: If BTC goes downward and seeking 60k or deeper, well, it's time to buy cheaper BTC directly, and even a buy-the-dip purchasing will be the action to put over the table.
Such, considering that my current investing line is totally aligned with risk-aversion, as far as possible because I don't have enough collateral for trading in Futures -especially by using any amount of leverage.
$BTC $PAXG #RiskAversion #Tunnellization
