the dip we saw today was highly controlled,
came back down perfectly into the local golden zone.
-
•strong bullish divergence persists on the higher time-frames.
•we're in a squeeze for 9 straight days now.
•daily rsi is backtesting the moving average from above (bullish).
•people are real scared right now,
•lot of bears,
•most are short, or in cash.
----
give me 1 reason why btc won't see a strong move up in the days ahead?
----
if we're playing out a simple zig-zag in this local region, the target on that sits at 33.6k
if it decides to play out a 5 wave impulse, wave 3 target sits at 37.2k (40k for w5).
i'm pretty bullish on crypto as a whole right now, and i'm expecting some kind of move up, which will be quite sporadic, and potentially short lived.
----
ps. if the squeeze happens to trigger to the downside, a very powerful move will take us down to 23k; stoploss is important over here.
came back down perfectly into the local golden zone.
-
•strong bullish divergence persists on the higher time-frames.
•we're in a squeeze for 9 straight days now.
•daily rsi is backtesting the moving average from above (bullish).
•people are real scared right now,
•lot of bears,
•most are short, or in cash.
----
give me 1 reason why btc won't see a strong move up in the days ahead?
----
if we're playing out a simple zig-zag in this local region, the target on that sits at 33.6k
if it decides to play out a 5 wave impulse, wave 3 target sits at 37.2k (40k for w5).
i'm pretty bullish on crypto as a whole right now, and i'm expecting some kind of move up, which will be quite sporadic, and potentially short lived.
----
ps. if the squeeze happens to trigger to the downside, a very powerful move will take us down to 23k; stoploss is important over here.
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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.