Over the past months, we've seen Bitcoin undergo some well-deserved corrections.
Most people thought it'd go down with a vengeance, it didn't, but the chop has been much more painful to many.
Is the bottom in? It might be! It certainly isn't the moment to panic sell your way out; if you haven't sold already, you don't do it here either.
Downward pointing triangle, forming a perfect ABCDE structure.
Extremely bullish fractal ones again...; it also fits my projected 5/3/5 count.
-- I was happy to see orders filled around 8000 last night, but I've got some more orders placed down to 7000.
Profit targets are laddering out 10% of my hand at horizontal resistance up until ATH, and I'm keeping 50% of my hand for the long-run.
Most people thought it'd go down with a vengeance, it didn't, but the chop has been much more painful to many.
Is the bottom in? It might be! It certainly isn't the moment to panic sell your way out; if you haven't sold already, you don't do it here either.
Downward pointing triangle, forming a perfect ABCDE structure.
Extremely bullish fractal ones again...; it also fits my projected 5/3/5 count.
-- I was happy to see orders filled around 8000 last night, but I've got some more orders placed down to 7000.
Profit targets are laddering out 10% of my hand at horizontal resistance up until ATH, and I'm keeping 50% of my hand for the long-run.
Nota
added 7000 and 6000, exited all ETH/OMG and BTC margin positions at 8400-ish yesterday. Still got some spot, I still see the possibility of a lower low now.. closer to the apex.
So I rather buy back after confirmation, even if that's higher.
Nota
could bounce hard from here. Longed some at 8050Nota
Added 9100, first target 10300ish.10k got smacked down unexpectedly, let's see if we hold here.
Nota
subwaves, kek.Dagangan ditutup: sasaran tercapai
Call me weak hands, closed all remaining long-standing positions between 11,5 - 11,7k. I did open a small margin position at 10,900 with as profit target 11,400-11,500.
Bitcoin is feeling extremely toppy here if you thought this little correction was a heavy wait for what happens when we bear wick above 12k straight down to total capitulation.
I'm not saying it will, but I am saying that it could.
Dagangan ditutup secara manual
meet* xDChart closed now.
Nota
The raw prediction of bounce and sell zones in of Feb 24 worked out just fine.As time has elapsed the yolo zone will need a real cataclysmic event.
A bull wick below 7k into the bounce zone seems like a long entry, let's see if we even get there. chop chop chop
:popcorn:
Dagangan ditutup: sasaran tercapai
Sweet corn.Nota
twitter.com/NewsCrypt0/status/1021309291003817984He is long, but who can punish this seemingly obvious move?
Nota
It looks like they tried and failed, 7.8k bounced as expected. Above 200MA still seems like a good entry too.
Was it reaccumulation all along? Maybe, but it doesn't look like enough fuckery has occurred yet. Wave 2 is often far stretched filled with chop and trading ranges for new operator hands to accumulate. --- The above eye recking chart is a possibility, not a prediction.
Penafian
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.