BTC here printing consecutive morning star and evening star reversal patterns - now back into morning star with this bullish candle essentially shows the current direction is sideways as I pointed out in the previous trend. Wick of hammer lows and wick of star highs show buying and selling pressure coming in maintaining the sideways price action
High low suggest this may move up somewhat perhaps a weak bounce with plenty of drift and may break through the 50WMA for a fakeout. Or perhaps it will drift sideways ala 2018 bear market. Either way its all too corrective for me now and I will remain "gone fishing" until BTC see significant new lows.
See you at 20K.
Not advice.
High low suggest this may move up somewhat perhaps a weak bounce with plenty of drift and may break through the 50WMA for a fakeout. Or perhaps it will drift sideways ala 2018 bear market. Either way its all too corrective for me now and I will remain "gone fishing" until BTC see significant new lows.
See you at 20K.
Not advice.
Next video Saturday 22 June😼.
Hodlers assume an obvious next wave up but will there be a sting in the tail💀.
Deep analysis - I keep the juicy details for my clients.
Telegram Group: $50 per month 👍🏻.
Contact: t.me/dRends35
Hodlers assume an obvious next wave up but will there be a sting in the tail💀.
Deep analysis - I keep the juicy details for my clients.
Telegram Group: $50 per month 👍🏻.
Contact: t.me/dRends35
And for a time my pages were filled with hindsight traders and onchain hodl-plankton and it was all so easy, but now they are gone 😄. I think in the end I will conclude that deep value buying is the only way to go in crypto for a one man manual trading band with no algos.