$7400 BTC bottom. Nxt target 8k or $10k
This week will be the turning point if we go down to 8k or up to 10k. 70% longs at the moment. Last time most people got rekted on their longs was 22 October when it was 80-85% longs and got stopped out on a -10% move followed by a 40% surge.
An 8k move makes most sense to complete the bull flag and to touch the right bottom of the parabola.
Im a beginner. So there are a lot of lines. For me they all makes sense. But it's messy I know. Also don't pay for Tradingvieew. So I'm limited to one chart.
An 8k move makes most sense to complete the bull flag and to touch the right bottom of the parabola.
Im a beginner. So there are a lot of lines. For me they all makes sense. But it's messy I know. Also don't pay for Tradingvieew. So I'm limited to one chart.
Note
Fear and Greed index shows 39 fear.Bitmex Longs are 55-65%.
blockchainwhispers.com/bitmex-position-calculator/
coinfarm.online/
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