LONG Season is upon us. Don't listen to the Bears :)
Updated
Novice traders think like this- Everytime market goes down, they are bearish.. Market goes up, everyone is bullish. Agree?
I'll keep this short and sweet.
Take a breather and look at the MACRO.... I don't think we get any more bullish than this.
Triple Bottom on the Daily
We just completed a retracement to the 618 of the entire last markup. This is where institutions will be reentering the market. Move with the whales.
Your Long R/R is very favorable here.
Movement from 4k -> 14k was only the first wave, we're going to enter the second.
Divergence between network daily transactions and price action. number of transactions rising; price declined.
I'll keep this short and sweet.
Take a breather and look at the MACRO.... I don't think we get any more bullish than this.
Triple Bottom on the Daily
We just completed a retracement to the 618 of the entire last markup. This is where institutions will be reentering the market. Move with the whales.
Your Long R/R is very favorable here.
Movement from 4k -> 14k was only the first wave, we're going to enter the second.
Divergence between network daily transactions and price action. number of transactions rising; price declined.
Comment
Up we go! Momentum to the upside, I'll update this if any bearish signals ariseTrade active
Again... Funny how everyone was capitulating at the sub 8k region... Congrats to those who longed
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