ALTPERP W1: Topped out / 50% correction / no alt season
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: ALTPERP 1week/candle chart review/outlook
::: correction mode up next
::: forget about alt season - not going to happen
::: long-term accumulation in progress
::: HOWEVER maxed out already now
::: 50% correction still pending
::: will re-test range lows next few months
::: expecting throwback into range
::: 50% dump/correction possible/likley
::: to complete the sequence
::: before it can finally shift into BULL MODE
::: correction is REQUIRED
::: later we can pump 500%+ from that base
::: but that's not until 2021
::: limited upside in 2020/Q1 2021
::: 50% correction up next
::: after correction is COMPLETE
::: recommended strategy: SHORT IT
::: TP BEARS range lows of the sequence
::: this is SHORT/HOLD Setup
::: for patient traders only / no fast gains here
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS/SWING/CORERECTION
::: Sentiment outlook mid-term: BEARS/SWING/CORERECTION
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: ALTPERP 1week/candle chart review/outlook
::: correction mode up next
::: forget about alt season - not going to happen
::: long-term accumulation in progress
::: HOWEVER maxed out already now
::: 50% correction still pending
::: will re-test range lows next few months
::: expecting throwback into range
::: 50% dump/correction possible/likley
::: to complete the sequence
::: before it can finally shift into BULL MODE
::: correction is REQUIRED
::: later we can pump 500%+ from that base
::: but that's not until 2021
::: limited upside in 2020/Q1 2021
::: 50% correction up next
::: after correction is COMPLETE
::: recommended strategy: SHORT IT
::: TP BEARS range lows of the sequence
::: this is SHORT/HOLD Setup
::: for patient traders only / no fast gains here
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS/SWING/CORERECTION
::: Sentiment outlook mid-term: BEARS/SWING/CORERECTION
taplink.cc/black001
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đź”±Syndicate Black MT4/MT5
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đź”±100%/week max DD <10%
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
taplink.cc/black001
đź”±Syndicate Black MT4/MT5
⚡️Gold/FX Auto-Trading bot
đź”±100%/week max DD <10%
đź“•verified 500%+ gains
🏧GOLD EA target 100%+ gains/week
🚀supercharge your trading
đź’Ž75% win rate gold signals
t.me/syndicategold001
đź”±Syndicate Black MT4/MT5
⚡️Gold/FX Auto-Trading bot
đź”±100%/week max DD <10%
đź“•verified 500%+ gains
🏧GOLD EA target 100%+ gains/week
🚀supercharge your trading
đź’Ž75% win rate gold signals
t.me/syndicategold001
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.