Hi everyone,
Busy with work and didn't check messages earlier. Now I'm having dinner and checking in, and I just saw a new update that might affect the market, so bG is noting it down for everyone to stay alert.
💥 This is the news that the US approved restricted chip H200 exports to China, but Chinese customs didn't allow the import 😁
--> This news could easily push NVDA's stock down tonight, along with the CN&AI group--> crypto prices might also drop accordingly. Especially with H4 overbought and sideways in the high range all day, with high RSI--> potential hidden bearish divergence.
--> Key price levels to watch today:
97.9-98.3
96.2-95.4->94.7
-->> If it happens, it's quite normal😁: strong rally-> peak swing-> negative news as catalyst-> flush (reset funding and high leverage) but without losing the overall trend.
💥 These price levels always refer to the closing prices on the timeframes mentioned in the post.
💥 Personal analysis, not investment advice. The market is extremely harsh, always maintain discipline (set SL/TP, avoid FOMO/all-in) and good risk management, bG has already provided guidance!
--- Love all ---
