Note
After rebuying, March 02 is the next Sell date of interest (Weekly Tom DeMark Sequential Sell Setup).Note
$10,831.95 is a TD Sequential Weekly Countdown (13) Sell signal. This WILL be used by smart money to sell. Strongly consider selling at this level, but factor in fomo. Don't be greedy up there. Wait for peak ignorance to sell at the best prices, but focus on that level (shown in bold pink).Note
Bearish Perspective:Trade closed: target reached
Buy Bitcoin. See new post.1. Uptrend.
2. PB&J Golden Cross makes center of MAs buying sweetspot.
3. Old resistance becomes new support (green lines).
Price is within the buying sweetspot. Look at candle #4. Swing traders entered here, and lost on candle #5. The shakeout happened below the low of candle #4, below EMA 30 (yellow).
Reasons to buy:
1. TD 1-9 momentum kicked off a 13 bullish trend count.
2. Selling pressure has relieved over 7 days.
3. Price is at the perfect Sweetspot support, EMA 30.
4. Nison 'Swing Shakeout' pattern.
Expect the new daily to break $10,500.
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.
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.