good evening, i think btc has begun a mean retracement after the completion of a 5 wave move.
during this time, i dont expect any parabolic moves for btc, just a slow grind up before further downside.
alts can perform very well during this time, but be careful with them.
i do think we've entered into a larger bearish phase just based of everything that i've been seeing today.
will post little swings periodically, but ultimately i am mostly sitting in cash until this correction is resolved.
Wave C target = $58,400
during this time, i dont expect any parabolic moves for btc, just a slow grind up before further downside.
alts can perform very well during this time, but be careful with them.
i do think we've entered into a larger bearish phase just based of everything that i've been seeing today.
will post little swings periodically, but ultimately i am mostly sitting in cash until this correction is resolved.
Wave C target = $58,400
Trade active
Order cancelled
I'm out of my long. The bears got this one.Note
video update: youtube.com/watch?v=ymcPhvou1rI
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.
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.