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TheDots

Can this hold yet another day?

Bitcoin / TetherUS (BINANCE:BTCUSDT)  
TheDots  
BINANCE:BTCUSDT   Bitcoin / TetherUS
Technical Indicators Chart Patterns Beyond Technical Analysis BTCUSD BTCUSDT BTC SPDR S&P 500 ETF (SPY) SPX (S&P 500 Index) VIX CBOE Volatility Index nasdaq QQQ VIXY
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indicator chartpattern beyondta btcusd btcusdt btc spy spx vix nasdaq qqq vixy
Hi folks!

A fourth real test of the long-term trend line from 2020 right now - in what seems to yet another red day for all financial markets around the globe.

Technically, BTC actually looks very tempting in isolation, but almost every stock index looks terrible. I will be shorting for 37k at least if the trend line breaks, and fill up my longs on a New bounce (I have current SL on longs at 40.7k)

DYOR.
NFA.

I wish you all well :)

Idées en relation

TheDots
Complacency/Denial - market does not expect volatility ahead.
TheDots about VIX 6
TheDots
This candle is crucial - worth following closely today
TheDots
Market feels untradeable ATM - keep your cool.
TheDots
SPY H&S & at short-term trend support - Be careful.
TheDots
Big weekly bearish div => Big drop (historically)
TheDots about SPY 8
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