Drizzy_hints
@Square-Creator-c917cbed81af
Engineer passionated by trading and financial analysis, my hints are grounded analysis based on experience and are not financial advices. DYOR
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#MyFirstSquarePost Nouvellement inscrit(e) sur Binance Square, je me réjouis de partager et de me connecter avec tout le monde ici !
The last 2 days were bearish in many coins, one of the big losers was $NOT coin. after a bullish trend exceeding many resistances/ pivots and achieving the resistance level of 0.01213 which represent buy stops or buy side liquidity and exceeding it 3 times with the higher level recorded at 0.01231, we were in the preparation of a reversal trend after a break in market structure or swing low formed.
This severe bearish trend controlled by whales met the arresting of the boss of telegram which supported the launch of the $NOT coin operated on the TON blockchain. we can see that the $TON coin was also severely affected.
Also, the traders community started to talk a lot about this coinafter its big and historical performance which has been aligned with the bullish trend of $BTC .
In my opinion, I expect a pullback in 0.00830 and change of the trend which will be a sell stop for many traders and a buy side liquidity. If this assumption is not met, the bearish trend will continue, and it could be influenced by the evolution of the story of telegram CEO.
This is my own analysis and not a trading strategy to be followed. Please DYOR.
Follow me for more publication on #tradingsignals and #analysis .
#MarketDownturn
The last 2 days were bearish in many coins, one of the big losers was $NOT coin. after a bullish trend exceeding many resistances/ pivots and achieving the resistance level of 0.01213 which represent buy stops or buy side liquidity and exceeding it 3 times with the higher level recorded at 0.01231, we were in the preparation of a reversal trend after a break in market structure or swing low formed.
This severe bearish trend controlled by whales met the arresting of the boss of telegram which supported the launch of the $NOT coin operated on the TON blockchain. we can see that the $TON coin was also severely affected.
Also, the traders community started to talk a lot about this coinafter its big and historical performance which has been aligned with the bullish trend of $BTC .
In my opinion, I expect a pullback in 0.00830 and change of the trend which will be a sell stop for many traders and a buy side liquidity. If this assumption is not met, the bearish trend will continue, and it could be influenced by the evolution of the story of telegram CEO.
This is my own analysis and not a trading strategy to be followed. Please DYOR.
Follow me for more publication on #tradingsignals and #analysis .
#MarketDownturn