Analysis:
- Fibonacci
- Support & Resistance
- Trend Line
- Supply & Demand
T1: Target 1
T2: Target 2
Rocket Ship: Up Up & Away!
Opinion:
We will get a nice bounce off the demand zone and start an aggressive push upwards
Most of retail is selling which is a mistake
- Fibonacci
- Support & Resistance
- Trend Line
- Supply & Demand
T1: Target 1
T2: Target 2
Rocket Ship: Up Up & Away!
Opinion:
We will get a nice bounce off the demand zone and start an aggressive push upwards
Most of retail is selling which is a mistake
Note
What most do not understand about my strategy is that I am a REVERSAL traderI have called many tops and bottoms and caught them all
Have I been wrong sometimes? Absolutely and I freely admit that
But I have been more right than wrong and that is why I continue to succeed
Trading is not about being perfect
Trading is about winning more than losing
Trading is about analyzing correctly more than incorrectly
Remember the majority are usually WRONG
So it might be a good idea to consider going against the majority
If everyone is selling who do you think is buying?
Note
Up up and away ;) I am OKAY with them retesting the zone AGAIN
That means we can drop back to 24-25k zone
I would actually prefer another retest ironically
Hope you are ACCUMULATING
Note
Nice push off the demand zone Word of advice is to not chase price right now
Buying right now is a bad idea
Remember the pullback always comes so wait and let price pullback first before looking for buys
IF you do sell dont get attached as the momentum is UP
Note
Expecting sideways action or a small pullback into the fib levels From there I will be looking to add to my position
Note
Looks like I was spot on with this one!Price falling back into my fib levels is exactly what I was waiting for!
Remember we dont buy on bullish movements....we sell!
I took minor profit on some of my alt positions knowing BTC was due for a pullback
I will be looking to rebuy once BTC hits into my buy zones
Don't listen to the bears...they are on the wrong side of the market as usual
Pay attention to how SMALL this pullback will be compared to the RISE
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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.
Related publications
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.