Hi guys, i know there are still a bearish sentiment and calls around but i already got my first "EARLY SIGNAL" for the end of bear market.
This is a very rare and powerful signal called "broadening top/bottom". I know its only a daily chart formation and we need to see a weekly confirmation but honestly i trust daily time frames on #bitcoin more than other assets cause #bitcoin moves faster both time and price axis.
But when i say "end of a bear market" i don't mean a fresh start a bull market immadiately. Often bull markets starts far later than bull market ends. So we should be patient and start to wait for long setups come to us. Because as i've shared earlier posts, there is still possible 5k test, which i don't see likely to be happened.
Let me add my 2 important trendlines, follow them as a guide
This is a very rare and powerful signal called "broadening top/bottom". I know its only a daily chart formation and we need to see a weekly confirmation but honestly i trust daily time frames on #bitcoin more than other assets cause #bitcoin moves faster both time and price axis.
But when i say "end of a bear market" i don't mean a fresh start a bull market immadiately. Often bull markets starts far later than bull market ends. So we should be patient and start to wait for long setups come to us. Because as i've shared earlier posts, there is still possible 5k test, which i don't see likely to be happened.
Let me add my 2 important trendlines, follow them as a guide
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I believe trading is a dynamic organism, and dont folow static plans. So i try to measure momentum and trade level by level. My trading setups are trad-able only in my style. I do not advise you to follow my trades, but only see a different perspective
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.
I believe trading is a dynamic organism, and dont folow static plans. So i try to measure momentum and trade level by level. My trading setups are trad-able only in my style. I do not advise you to follow my trades, but only see a different perspective
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.