If you've been following my previous posts you'll have been made aware that bitcoin was trading in a rising wedge AFTER previously breaking down on January 16th from where we lost the original uptrend that was holding throughout the pump through previous ATH's all the way to $40,000+.
$33,333 is the target.
Why?
#1: Lower highs being printed since ATH at $42,000.
#2: We first broke down on January 16th, from where we went sideways printing higher lows which lead to a rising wedge (bearish playout) which was accurate.
#3: BTC dominance is still 65% (ALT SEASON)
#4: We've had to bearish breakouts to the downside since ATH's.
#5: My target of $32,999 - $33,333 still hasn't been reached and believe we will reach these levels eventually.
#6: Market sentiment tells me bulls are still greedy and need a smack down.
#6: I trust my intuition and my critical thinking to get the job done and outperform the markets.
#7: "Plan your trade and trade your plan"
Please get this post to 30+ likes to unlock the next TA after the targets have been met! 👍
$33,333 is the target.
Why?
#1: Lower highs being printed since ATH at $42,000.
#2: We first broke down on January 16th, from where we went sideways printing higher lows which lead to a rising wedge (bearish playout) which was accurate.
#3: BTC dominance is still 65% (ALT SEASON)
#4: We've had to bearish breakouts to the downside since ATH's.
#5: My target of $32,999 - $33,333 still hasn't been reached and believe we will reach these levels eventually.
#6: Market sentiment tells me bulls are still greedy and need a smack down.
#6: I trust my intuition and my critical thinking to get the job done and outperform the markets.
#7: "Plan your trade and trade your plan"
Please get this post to 30+ likes to unlock the next TA after the targets have been met! 👍
Trade active
I'll sell every single pump until my targets are met i could care less about the noise.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.
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.