si tu est intéressé par les cryptos et le trading je suis sûr que mes analyses t'aiderons ne serait-ce qu'un peu alors abonne toi, commente et like les postes🤝
reason for the trade: the 1000cat token is hesitant to move upwards, which is already an ongoing trend, simply because the market needs to go back down to seek liquidity.
thus we notice an area of multiple confirmations with: the fibonacci and the presence of two imbalances, one in H4 and the other in H1.
ps: if you understood or if you want to take the trade, let me know in the comments. don't hesitate if you have any questions 🤝
In fact, the reason is simple: Technically, when we look at the daily time frame, we can notice that BTC needs to retrace to the area of 90.000$ in order to gain more momentum.
Thus, BTC is stagnating in the range of 105.000$ to 112.000$ , creating a resistance that BTC is struggling to overcome.
If BTC cannot break through this resistance, prepare for a sharp or gradual retracement towards the area of 90.000$
as soon as it was launched, the price drops in a lambo and keeps losing value.
like all other airdrops🎁 the blum team has indeed not been clear on several points that their community would have liked more information on.
the community feels betrayed on one hand by the judged insufficient sharing of the amount shared for this last one which is 20%, on the other hand by the fact that the token was launched even before the claim of the airdrop, thus participants were unable to exit at the best market price.