Hi Everyone! Simply want to explain WHY we should not draw the conclusion JUST YET we are in the process of a 30 to 40 percent drop.
Nota
UPDATE:If you have not seen this, then watch it for information about the three "thirds" of our capital distributed for different TYPES of trading.
"You Need to Watch This; Yes "YOU"... YOU NEED TO WATCH THIS!!!"
Nota
Support May Remain at B-Band Basis in 24h for Now Till Reckoning
Nota
UPDATE:I'm NOT going to assume we do not continue falling further to the 0.618 FIB Re-Trace. At the same time, I'm NOT going to ASSUME we have already found our bottom and on the verge of resuming a sustained period of upward pressure yet. Let's allow our "Downward Pressure Race" tell us WHEN our downward pressure has concluded before drawing any kind of conclusions based of mere assumptions.
Nota
UPDATE:A look at our Daily (24h) Time Frame:
Nota
IMPORTANT UPDATE:URGENT: Price at Risk of Falling to Yellow B-Band Basis in 2-Day
Nota
UPDATE:LET ME BE CLEAR: The ODDS are VERY HIGH of the price action falling to the Yellow B-Band BASIS in the 2-Day Time Frame (That general area); which puts us around the 0.618 FIB RE-TRACE at $26,902. Consider scattering buy order between my 0.5 and 0.618 FIB Re-Trace levels.
Nota
UPDATE:BTCUSD: What Has to Occur to Avoid Dropping to 0.618 FIB RT ???
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.
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.