Target unchanged, BTC follows the forecast. An important MA cross started to develop. If that will happen, it means bearish medium-term conditions for BTC.
Still seeking for a safe buying point, however, my indicator system signals the next bear node to happen within 3-5 trading days meaning once the primary target is reached, the correction will not be over. Please bear in mind that the secular bull trendline is still intact on log scale meaning this period is a correctional period and I must say, with an asset having this hyperbolic rise a little cool-down is healthy.
Place your hedges and leave the market for a few days.
Have a great week-end!
Still seeking for a safe buying point, however, my indicator system signals the next bear node to happen within 3-5 trading days meaning once the primary target is reached, the correction will not be over. Please bear in mind that the secular bull trendline is still intact on log scale meaning this period is a correctional period and I must say, with an asset having this hyperbolic rise a little cool-down is healthy.
Place your hedges and leave the market for a few days.
Have a great week-end!
Trader, using patented technology to detect moves of large players (market makers). Part of my techniques work on cryptos as well.
smartvolume.wordpress.com
'Follow smarts, make money'
smartvolume.wordpress.com
'Follow smarts, make money'
Related publications
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.
Trader, using patented technology to detect moves of large players (market makers). Part of my techniques work on cryptos as well.
smartvolume.wordpress.com
'Follow smarts, make money'
smartvolume.wordpress.com
'Follow smarts, make money'
Related publications
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.