We might have a solid pump toward 30K before middle of 2023
What happened last week?
-A pump that has the 2nd largest short liquidation since 2020
-21k just hit the log view declining trend line since ATH of 69k
-21k is the local GP(0.618) from 25k
-4h divergence starts to appear
What will happen next week
-We might have a sharp retrace towards 18.6k-19k
-If that is confirmed as wave 4, there is another wave 5 pump ahead
-My guess the wave 5 top should be around 23.1K which have 100B short liquidation waiting to be punished.
Execution plan 1
-Short from here and take profit at 19k
-start longing again, TP should around 23.1K
Execution plan2
-wait till price reach 22.5k which gives us a divergence on higher time frame and start shorting
-taking profit at 19k
-A pump that has the 2nd largest short liquidation since 2020
-21k just hit the log view declining trend line since ATH of 69k
-21k is the local GP(0.618) from 25k
-4h divergence starts to appear
What will happen next week
-We might have a sharp retrace towards 18.6k-19k
-If that is confirmed as wave 4, there is another wave 5 pump ahead
-My guess the wave 5 top should be around 23.1K which have 100B short liquidation waiting to be punished.
Execution plan 1
-Short from here and take profit at 19k
-start longing again, TP should around 23.1K
Execution plan2
-wait till price reach 22.5k which gives us a divergence on higher time frame and start shorting
-taking profit at 19k
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.