Clancy3gbh
@t_Clancy3gbh
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Good morning, These are some levels I will be keeping an eye for this week, to the upside and the downside. I believe we will some market makers move to take the liquidity out of these levels. Keep an eye out. Have a plan. Execute.
Hello everyone, for anyone who is a fan of Crypto Face's indicators, Market Cipher B has been showing the development of a Bullish Divergence on the higher timeframes. 'Weekly' timeframe in the current chart. On the weekly, it seems as though both WaveTrend's are preparing for to cross. This is an extremely bullish indication. I think it's definitely something to look out for. Do not make any decision on this alone. Further analysis is needed among multiple different timeframes to come too a solid conclusion. We must wait for and see the multiple timeframes are telling us the same story. Will keep updated.
Amongst all the hesitation in the market right now, the environment on the larger scale ( M ) tells us a lot. It's easy to see that the retracements of most 'bear markets' had approached the 80% retracement level, which is no different from the current market we're in. There is currently a lot of fear surrounding the health of crypto at the moment, and I think it's important to keep an open mind, develop our own ideas and sentiments, and look at things from a broader perspective. Do not be so quick to jump on the bandwagon of what is being pushed at the moment.
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