This level of sentiment hasnโt been seen since May 2022 ๐ง
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Your Crypto Guy ๐ฎ๐ณ
USDT.D looks terrible right now!
The longer the market remains weak, the faster USDT.D is climbing. Its price action is now breaking the November 2022 resistance trendline ๐ง
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We are still seeing only LL and LH. For bottom confirmation, the price needs to form a HL and higher high.
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The U.S. Bureau of Labor Statistics wonโt release October jobs data!
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US Top 2000 Stocks Rejected Again
Top 2000 index just got rejected from the same major resistance trendline that hasnโt been broken since Nov 2021
This chart is important because it shows rotation of big money, When large investors start selling their top stocks, that liquidity often flows into small caps and historically, this rotation impacts crypto as well.
But this time, the monthly candle got rejected again, showing continued weakness at the top and no breakout yet.
Top 2000 index just got rejected from the same major resistance trendline that hasnโt been broken since Nov 2021
This chart is important because it shows rotation of big money, When large investors start selling their top stocks, that liquidity often flows into small caps and historically, this rotation impacts crypto as well.
But this time, the monthly candle got rejected again, showing continued weakness at the top and no breakout yet.
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Your Crypto Guy ๐ฎ๐ณ
ETH is currently trading at a very important support trendline, and holding this trendline is extremely crucial!
ETH has broken its important support trendline and currently trading below it!
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Everyone has convinced themselves that the bear market is already here. But do you really think predicting a bear market is that easy? Especially when the whole world is suddenly calling crypto a scam. Let me make one thing clear, the crowd only says what the market conditions force them to say.
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BULL SEASON UPDATE !
https://youtu.be/ef2fQ_WDjBQ
https://youtu.be/ef2fQ_WDjBQ
YouTube
BULL SEASON UPDATE !
This video is for educational purposes only and does not constitute financial advice. Crypto markets are highly volatile โ always do your own research
https://youtu.be/ARUU2SH97zE?si=_fmp-e7OpBnj7zyn
Join Our Telegram: https://telegram.dog/itsyourCryptoGuyโฆ
https://youtu.be/ARUU2SH97zE?si=_fmp-e7OpBnj7zyn
Join Our Telegram: https://telegram.dog/itsyourCryptoGuyโฆ
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Your Crypto Guy ๐ฎ๐ณ
Bitcoin Monthly chart ๐
Do you think the current monthly candle can close above the key support level?
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