BTC zoomed out I , would if it was a new chart I had never seen , I would say: this is the last chop before the pop.
BTC had distribution happen in March -April , then we set M HLs and this now is the sideways action inside 3D or W bullflag.
the last 3 days as I noted in my posts before the drop and since the flush was likely a shake out !
I am trying to hold on to my BTC and ETH and some ALTS through this action, but if they do attempt an even harder shake o I will have to go flat and reattempt entries, if my theory confirms as I will be travelling the coming 2 weeks.
BTC had distribution happen in March -April , then we set M HLs and this now is the sideways action inside 3D or W bullflag.
the last 3 days as I noted in my posts before the drop and since the flush was likely a shake out !
I am trying to hold on to my BTC and ETH and some ALTS through this action, but if they do attempt an even harder shake o I will have to go flat and reattempt entries, if my theory confirms as I will be travelling the coming 2 weeks.
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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.