Hi All,
(ref.x.Chart)
I think this makes sense.... end of December or early January many are guessing as history on a number of occasions have been the case where in January we have drops.
This is good as any other's guess.
I won't go into detail for what I have but that RED Lines is a definite MACRO resistance in my guess work. If it turns out to be the case, I'll share why its the case.
For now, I'm using the flag pole calculation along with other confluences to make the case.
Note: 30 K would be a psychological barrier as well...either just before it or after it and this fits into the fib extension levels along with this red trend line.
Its fun trying to guess where this is...
Cheers,
S.SAri
(ref.x.Chart)
I think this makes sense.... end of December or early January many are guessing as history on a number of occasions have been the case where in January we have drops.
This is good as any other's guess.
I won't go into detail for what I have but that RED Lines is a definite MACRO resistance in my guess work. If it turns out to be the case, I'll share why its the case.
For now, I'm using the flag pole calculation along with other confluences to make the case.
Note: 30 K would be a psychological barrier as well...either just before it or after it and this fits into the fib extension levels along with this red trend line.
Its fun trying to guess where this is...
Cheers,
S.SAri
Nota
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Having said this, I have started to take profit from 26500 for you never know.Nota
fractalNota
weekly RSI...time to sell all or some %Nota
its hit one of my interest levels.Nota
I wasn't brave enough to sell but also was not watching...missed out on a 6% drop so farNota
Just to add to the case, BBand on the daily, way over extended.Note: Its possible we can have another shot at the top with the fomo people but I am confident this is the top.
Nota
4 touches and I shorted. So far so goodNota
Nota
BTC downtrend fractal with LINK for the short termNota
it seems I was a bit eager to short... I will have to wait for the right setup over time.Nota
possible big move comingNota
my micro levels.went below a key one.This level broken will cause a sudden drop.
Nota
Bearish perspective requires 3 or 4 touches on the line, the more the better for a short setup. 
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Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Penerbitan berkaitan
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.