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#Market_Update
Folks be careful today.
1. #DXY crossed the resistance at 93 as predicted last week. 93.3 is our next little milestone before 94. If we cross 94 we will see a bloodbath. So, always check that.
2. Fake Rally. It can happen that whales start a bull trap.
Folks be careful today.
1. #DXY crossed the resistance at 93 as predicted last week. 93.3 is our next little milestone before 94. If we cross 94 we will see a bloodbath. So, always check that.
2. Fake Rally. It can happen that whales start a bull trap.
At the moment I'm staying away. Will try to jump in when it reaches it's peak to short all-in again. They will buy a lot of #BTC to dump it afterwards again.
3. Situations can flip immediately because of negative headlines. Janet Yellen did it once and will do it again.
3. Situations can flip immediately because of negative headlines. Janet Yellen did it once and will do it again.
Who remembers here tweet that initiated a long liquidation of almost $9B. You remember? That wasn't coicidence, but part of Wyckoffs distribution phase. I think she will be more active in the next coming days/weeks.
Rules to trade safe:
Don't let you guide by fear
Use StopLoss
Rules to trade safe:
Don't let you guide by fear
Use StopLoss
Market Update: Ufortunately I'm still reading some bullish tweets on twitter. I have mentioned several times now, that whales are buying to dump afterwards. That's happening since our big dump phase in May.
#BTC #ETH #XRP
#BTC #ETH #XRP
As long we don't have a clean regulation framework, big money will stay away. So, in my opinion traders telling you that whales are accumulating don't have any idea how institutional investors really work. As management consultant I have spend many years advising banks in
different matters, but in the last years mainly in meeting the requirements of the regulatory authority. When I tweet something it's my opinion, based on my experiences, but trust me, I'm honest always to you and I don't have any interest to let you bleed.
