It didn't go exactly textbook schematics but it has its key points. Interesting to see some shakeouts in the coming days to test the validity of the bull. Let's enjoy the ride. I personally will buy the dip in 32900 and 31500 if there is any in coming week
Note
Apparently there are no such dips, in this rate we might go into 42-43k area before any meaningful dip. Checking with onchain analysis as wellNote
Went to 42k without any meaningful dip. Need to update the chart, but pretty much we are in phase D. Will see this week if we can consolidate the range (38-42k). Might even test 36-37k to throw the schematics off however lower than that we can say back to testing 30k #tothemoonNote
Thread closed, I hope you guys enjoyed as much as I do. This means, the bull run has just started. I have my levels of retracement to add up the bag. But for futures plan, anything above EMA16 is a long position. Anything below is NOT necessarily a short position, rather a long opportunity. Shorting in this market is risky
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.