- last bear market we fell 85% before finding the bottom
- current bear market, 85% fall from ATH lands at our 0.618 lvl
I think late 2022 we wick down to 10k extremely fast, and still close the weekly above the diagonal support line and then 2023 we go bullish
- current bear market, 85% fall from ATH lands at our 0.618 lvl
I think late 2022 we wick down to 10k extremely fast, and still close the weekly above the diagonal support line and then 2023 we go bullish
Note
bears been holding bulls under our 0.382 lvl for the whole week .. i expect us to close the weekly under this lvl and then make our way down to our next fib lvl(might even open a low lev short at 21.6 area if we come up to it before the weekly closes)
Note
my short order at 21.6 just filled .. now lets see where the weekly closes Note
yup.. back down below the 0.382 lvl againnot good for bulls
Note
weekly failed to close above the 0.382 fib level, i'll be watching this weekly closely to see if the same happens.. could indicate a dump ahead imoNote
looking at the 4hr currently, and bulls are struggling to stay above the 0.382 lvl and it's looking like it might dump..Note
down we go! im going to stop updating this trade so much, but im not closing my short any time soon.. congrats to anyone who took the same trade
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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.