Review final week’s trading final results
DYD extension
The value was then adjusted (1H frame) on entry and if you invest in in accordance to approach, the revenue is about 15% – 25% dependent on the consider-revenue level.
bitcoins
As for BTC, I have reminded you numerous occasions that the value will move sideways in the USD sixteen,200 – USD 18,000 value assortment.
Indeed, the value has turned sideways just as we had anticipated. You can see that the existing assortment is extremely modest and there is pretty much no major motion for BTC. This is also why I hardly participate in trading this week.
Trading approach this week
Bitcoin (BTC) evaluation and commentary.
After the past substantial bearish candlestick, the value was temporarily “held” this week with the weekly green candlestick. However, buying energy is rather weak as the industry is even now in doubt soon after final week’s decline.
If this week’s candlestick closes at USD sixteen,500 once again, it will reinforce the perception of a prolonged sideways phase in the industry. You can see that the candle has a modest entire body, the upper shadow is really balanced => the buying energy is in stability with the promoting force.
For now, I assume the value to develop a false pump reaching resistance about the $18,000-$18,200 zone for a brief entry.
BTC.D (Bitcoin Dominance)
BTC.D continued to hold the assistance zone. BTC.D May Rebound With Bitcoin Crash This Week => Altcoin Will Face More Challenges. Thus, you can restrict Altcoin transactions in the close to long term.
We can assume the “Altcoin Season” when BTC.D pretend to pop and download once again.
Some ideas for Altcoins
People today
People today is an altcoin that has been sideways for some time in the USD .013 – USD .023 assortment. I assume the value to go back to .013 once again. Here, if the value continues to respect assistance, you can invest in SPOT for medium-phrase hold. With this invest in level, our prevent reduction is also really brief.
Macro information
There’s really a bit of information this week that you may well want to shell out awareness to:
– On Nov. 23 at eight:thirty pm (Vietnam time), the United States is to release its to start with jobless claims information. On the identical day, new Home Sales (October) information will be launched at ten:00pm and then Crude Inventories at ten:30pm.
– In the following days, the US will be closed for Thanksgiving, so I assume the industry to be really volatile in the 2nd half of subsequent week.
The ultimate
Here are some trading ideas from my personalized level of see. I hope subsequent week you will have much more prospective customers for far better referrals and exchanges. Don’t neglect to subscribe group 68 Trading on Telegram Let’s trade and “cheat” with us!
