Updated with Levels. (We stay LONG!)
Hello, Traders! 👋
First of all there is a video explaining this chart:
While we delve into Bitcoin chart, it's crucial to address the elephant in the room: Binance's recent legal woes:
Binance, helmed by Changpeng "CZ" Zhao, faced a significant setback with a $4.3 billion penalty for violating anti-money laundering and sanctions laws. CZ himself pleaded guilty and agreed to a $50 million fine, stepping down as CEO. Such events remind us of the ever-evolving landscape of crypto trading. 🌍⚖️
Key Takeaways:
Binance's Legal Challenges:
The world's largest crypto exchange's troubles underscore the importance of regulatory compliance in the crypto sphere. This situation might impact market sentiment, so let's stay vigilant. 🚨📉 news link
Impact on Bitcoin:
Despite these external pressures, Bitcoin shows resilience. We're closely monitoring how these developments might influence BTC's support and resistance levels. 📊💪
Technical Analysis Breakdown:
Channel Dynamics: Amidst the market uncertainties, our focus on the channel's middle as a significant support/resistance level remains steadfast. 🔄
Fibonacci Insights:
The $37,600 mark is a key level. We're bullish above and bearish below this point, navigating the waves of market reaction to Binance's news. 🐂🐻
Fundamental Factors:
The crypto world is adapting to regulatory shifts. With such changes, fundamentals like ETFs and Fed policies become even more crucial. 🌟📈
Trading Strategy:
Adapting to Changes: The Binance situation might cause market ripples. Stay adaptive and ready for potential shifts in our trading strategies. 🔄🎯
Long vs. Short: Bullish above $36,000; bearish below. We're watching how the market digests Binance's news and its impact on BTC. 📈📉
The Big Picture:
Keeping our long-term view, we aim for the $46,000-$49,000 range, while being cautious of interim dips. 🎢📊
Final Thoughts:
In these tumultuous times, remember the power of hedging. Balance your positions to navigate through this dynamic market landscape. 🛡️⚖️
Stay tuned for more updates, and let's sail through these challenging crypto seas together! 🚢💼
One Love,
The FXPROFESSOR ♡
FUD: Fear, uncertainty and doubt:
I like to say Despair, it reflects most of the leveraged traders emotions better than just 'Doubt'.... ( ps. the last SEC FUD:
)
First of all there is a video explaining this chart:
While we delve into Bitcoin chart, it's crucial to address the elephant in the room: Binance's recent legal woes:
Binance, helmed by Changpeng "CZ" Zhao, faced a significant setback with a $4.3 billion penalty for violating anti-money laundering and sanctions laws. CZ himself pleaded guilty and agreed to a $50 million fine, stepping down as CEO. Such events remind us of the ever-evolving landscape of crypto trading. 🌍⚖️
Key Takeaways:
Binance's Legal Challenges:
The world's largest crypto exchange's troubles underscore the importance of regulatory compliance in the crypto sphere. This situation might impact market sentiment, so let's stay vigilant. 🚨📉 news link
Impact on Bitcoin:
Despite these external pressures, Bitcoin shows resilience. We're closely monitoring how these developments might influence BTC's support and resistance levels. 📊💪
Technical Analysis Breakdown:
Channel Dynamics: Amidst the market uncertainties, our focus on the channel's middle as a significant support/resistance level remains steadfast. 🔄
Fibonacci Insights:
The $37,600 mark is a key level. We're bullish above and bearish below this point, navigating the waves of market reaction to Binance's news. 🐂🐻
Fundamental Factors:
The crypto world is adapting to regulatory shifts. With such changes, fundamentals like ETFs and Fed policies become even more crucial. 🌟📈
Trading Strategy:
Adapting to Changes: The Binance situation might cause market ripples. Stay adaptive and ready for potential shifts in our trading strategies. 🔄🎯
Long vs. Short: Bullish above $36,000; bearish below. We're watching how the market digests Binance's news and its impact on BTC. 📈📉
The Big Picture:
Keeping our long-term view, we aim for the $46,000-$49,000 range, while being cautious of interim dips. 🎢📊
Final Thoughts:
In these tumultuous times, remember the power of hedging. Balance your positions to navigate through this dynamic market landscape. 🛡️⚖️
Stay tuned for more updates, and let's sail through these challenging crypto seas together! 🚢💼
One Love,
The FXPROFESSOR ♡
FUD: Fear, uncertainty and doubt:
I like to say Despair, it reflects most of the leveraged traders emotions better than just 'Doubt'.... ( ps. the last SEC FUD:
)
הערה
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tradingview.com/x/LevE0ZJM/Updated levels...we got the resistance with perfection...(again)הערה
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💎 Altcoin Signals: partner.bitget.com/bg/FX_PROFESSORFind details on fxprofessor.com
🌟 CRGPT Token: Join the Crypto AI Revolution cryptogpt.io/
🌐 Public Telegram: t.me/fxprofessor88
🌟 CRGPT Token: Join the Crypto AI Revolution cryptogpt.io/
🌐 Public Telegram: t.me/fxprofessor88
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כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
💎 Altcoin Signals: partner.bitget.com/bg/FX_PROFESSORFind details on fxprofessor.com
🌟 CRGPT Token: Join the Crypto AI Revolution cryptogpt.io/
🌐 Public Telegram: t.me/fxprofessor88
🌟 CRGPT Token: Join the Crypto AI Revolution cryptogpt.io/
🌐 Public Telegram: t.me/fxprofessor88
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.