Bitcoin: Sell The News

The SPY bounced off its daily 21 EMA (exponential moving average), but that put it into what I call an Inverse Trampoline move on the Hourly chart, which is not a bullish condition. We have been waiting for it to pull back, and we finally got it today! In addition, the news came out about Bitcoin ETFs, and the Bitcoin-related names are getting sold on the news.

LAST CHANCE to get 30% Off my Moxie Indicator Mastery in Simpler Trading’s New Years Sale! Receive my daily analysis and join us as we track profit opportunities this year! The sale ends tomorrow, January 12th, so don’t miss out on this opportunity!

Your Profit Pilot,

TG Watkins

SUBSCRIBE

Move from reacting to predicting market flow. Join TG’s “Profit Pilot” E-Letter to get actionable insights from his chart analysis so that you can finally catch trends on time.

We will never sell your information to any third parties.

Get actionable market insights!

Join TG's Profit Pilot newsletter to get his chart analysis and market flow predictions, so you can finally catch trends on time.

We will never sell your information to any third parties.