BitcoinUpdated WE PREDICTED IT RIGHT AGAIN. NOW FACING AN IMPORTANT LEVEL
Hi traders, if you followed my previous ideas, then congratulations, we predicted its key level and movements.
Now jump right in the 4H chart, we are in our shorting target. I would tell you to strong buy at this key level IF THE LOG SCALE DIDN'T FUCKING EXIST. Everything had been positive in the normal scale until i relized that the Fibonacci Trend respects the log scale more than normal scale. Now it's real FUD. The chart you are watching is in normal scale, but in the log scale, we have broken the fucking uptrend line. I will do some research about log scale and trends later. Now my advice is watching candles and volume at this 10875 level:
- Strong buy + high volume at this level will lead us to our red zone target (12125) as the result of Cup & Handle and Head & Shoulders pattern. (And we can confirm that LOG SCALE'S TRENDS IS BULLSHIT)
- Strong sell then welcome to hell, that is the end of cryptocurrency :) (Actually we can margin and go short, the first target is our 9755 green level)
I'm a cryptocurrency lover, thanks to it, now i have trees to smoke. However, we have to facing the truth, we trade emotionlessly.
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For any ideas or questions, tell me what you think in the comment section.
As always, sorry for my poor English and safe trading everyone! Remember to put your <50% Risk/Reward stop-loss order for every trade.
** The 20 EMA indicator in my chart is just for fun, i use a lot of other indicators to increase the accuracy. **
Who am i ? I'm a tiny cryptocurrency whale, an emotionless chart analyst, and a cannabis lover
- MrPalmTree
Now jump right in the 4H chart, we are in our shorting target. I would tell you to strong buy at this key level IF THE LOG SCALE DIDN'T FUCKING EXIST. Everything had been positive in the normal scale until i relized that the Fibonacci Trend respects the log scale more than normal scale. Now it's real FUD. The chart you are watching is in normal scale, but in the log scale, we have broken the fucking uptrend line. I will do some research about log scale and trends later. Now my advice is watching candles and volume at this 10875 level:
- Strong buy + high volume at this level will lead us to our red zone target (12125) as the result of Cup & Handle and Head & Shoulders pattern. (And we can confirm that LOG SCALE'S TRENDS IS BULLSHIT)
- Strong sell then welcome to hell, that is the end of cryptocurrency :) (Actually we can margin and go short, the first target is our 9755 green level)
I'm a cryptocurrency lover, thanks to it, now i have trees to smoke. However, we have to facing the truth, we trade emotionlessly.
--------------------------
For any ideas or questions, tell me what you think in the comment section.
As always, sorry for my poor English and safe trading everyone! Remember to put your <50% Risk/Reward stop-loss order for every trade.
** The 20 EMA indicator in my chart is just for fun, i use a lot of other indicators to increase the accuracy. **
Who am i ? I'm a tiny cryptocurrency whale, an emotionless chart analyst, and a cannabis lover
- MrPalmTree
Note
Updated idea:
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.