A quarter is a three-month period on a business's financial calendar that serves as the foundation for regular financial reporting and dividend payments. A quarter, which stands for one-fourth of a year, is commonly referred to as Q1 for the first quarter, Q2 for the second quarter, Q3 for the third quarter and Q4 for the fourth and last quarter of the year. A quarter is frequently represented by the year in which it belongs, such as Q1 2022 or Q122, which stands for the first quarter of the year 2022.
Today we take a look at the technicals for Bitcoin and Ethereum. The crypto market has been quiet for several months. On Friday we detected unusual dark pool activities (large block orders) in the Bitcoin Trust Fund and Ethereum Trust Fund, GBTC and ETHE respectively. When smart money know something, they place large orders in the dark pool exchanges, away from the public eye. By doing so, they are positioning themselves ahead of the crowds, in order to benefit from move that will follow, once the news or report is made public. However, dark pool activities do not tell us the direction of the next move. It only tell us that a large order(s) has been placed. Only a breakout (bullish) about a resistance level, or a breakdown (bearish) below a support level can confirm the direction of the next move. So, what can we expect next? Watch this video to find and to get the technical insights. Good trading! Trading Risk Disclaimer All the information shared is provided for educational