Following the recent price action in the BTCUSD chart I thought it would be fitting to update everyone on my view on the market. Taking a look at some key levels to watch for potential trade setups using technical analysis. We also discuss gauging the strength in market trends using volume and open interest along with a few other useful tools when it comes to charting.
Timestamps:
0:00 Intro
0:30 Trend Shifts & Open Interest
2:30 Short Term Trade Setups
5:15 Symmetrical Triangle Macro Trend Breakout
5:50 Potential Swing Trade Setup
8:30 Contemplating the Downside
9:25 Analyzing Moving Averages
11:35 Closing Thoughts
📺 The video in this post was made by Invest Global
The origin of the article: https://www.youtube.com/watch?v=fDxS1_1vPr8
🔺 DISCLAIMER: The article is for information sharing. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Not investment advice or legal advice.
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