us30simple chart analysis based on trendlines
major support and resistence drawn, breakout is suppose to happen soon
US30 trade ideas
US30US30 is in a Trend
(Rising Wedge) Pattern
After strong breakout or after Support break we can Enter the trade with "MM&RRR" (Money Management & Risk Reward Ratio)
What 1-hour chart says?
Fundamental Development:-
Mike Novogratz, the billionaire founder of crypto asset management firm Galaxy Digital, has warned that making more than 200X returns on crypto investments is simply “not normal.”Speaking at the Christie’s Art + Tech Summit in New York on Wednesday, Novogratz warned listeners about the steep volatility of the crypto industry.“I had friends that had bought lots of crypto, and it had changed their lives — guys who didn’t make a whole lot of money but all of a sudden had a $5 million net worth in crypto,” said Novogratz:
Short Term Technical View: On daily period, BTC is trading below 200&50 simple moving averages and trading near $23300 -$23350 ranges. BTC made low 22300 and now consolidating within a range. Yesterday it made high near $23700 and then it continue to decline. Bitcoin is struggling to gain momentum above $23,300.
Alternative Scenario: If Bitcoin fails to clear the $24,300 resistance zone, it could start another decline. An immediate support on the downside is near the $22,800 level.
us30 scaplingwait for the break out .it is scalping trade try to secure your position. it will take your money be carefull
Seems like Tweezer Bottom
lets see what this candlestick do!
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us30 swing tradeday trading hello everyone how you doing this is my analysis . if really wants to make passive income you can join me and learn.
US30 DowJonestoday crossed above make or break level 31069
now this level becomes a crucial support.
Trading channel and levels marked
Happy trading.