morning,
looking at btc miners, and the current wave setup + taking into account the cme futures max pain on december 31st which sits at 46k, i'm going to conclude my theory of this expanded flat scenario into the primary wave 4 going down to the low 30k's into jan \ february to fill the cme gap before we see any new highs on btc.
i'm bearish until we get there, and will short every single pop.
100% bullish after we complete this expanded flat.
i could very well be wrong about this, but i have to stick to my intuition on this one.
ps. i made a video going over this scenario last week on my youtube channel, feel free to check it out if this theory catches your interest.
🥂
looking at btc miners, and the current wave setup + taking into account the cme futures max pain on december 31st which sits at 46k, i'm going to conclude my theory of this expanded flat scenario into the primary wave 4 going down to the low 30k's into jan \ february to fill the cme gap before we see any new highs on btc.
i'm bearish until we get there, and will short every single pop.
100% bullish after we complete this expanded flat.
i could very well be wrong about this, but i have to stick to my intuition on this one.
ps. i made a video going over this scenario last week on my youtube channel, feel free to check it out if this theory catches your interest.
🥂
Note
Note
video update: youtube.com/watch?v=CeRasXjcmVMNote
longed btc,mir and ftm here just in case we pivotTrade closed manually
no more shorts, now we ride up a bit ~
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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.
i only share a tiny fragment of my ideas on this platform. to view my daily work, join the lunar syndicate 9 👇
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.