Hi everyone ๐๐ฝ
๐ Wish y'all have a profitable lifestyle ๐
๐ BITCOIN /USDT DAILY CHART
๐ PRICE ACTION - BULLISH FLAG - DOUBLE BOTTOM
๐BITCOIN has created a bullish flag in daily chart along with the double-bottom
โ๐ผ Straight to the point, BTC is looking bullish in long-term. I was waiting for this flag for about a week lol =))
๐ First target of the bullish flag is half of the leg that has been created since the flag pole
๐ Second target of the bullish-flag is the complete leg that has been created since the flag-pole
๐ You can calculate it with fibo expansion.
โ๐ผ Another confirmation for further growth is the double-bottom (if we do not consider it a tripple-bottom); the price has not reached the targets of the double-bottom yet!
โ๐ผ These price ranges 43-44k zones are risky entry zones; so safe entry zones can be when the price breaks the flag.
โ ๏ธ PEOPLE fomo at 53k and panic sell at 40k! Guys, please do not listen to anyone trying to make FUD or FOMO. Just learn risk management in parallel with money management and enjoy your trades.
โ ๏ธ I really hate it when people say "awww... BTC has fallen just exactly as I've predicted" . It is really cringy to publish more potential price fall just after one or two days of clear bearish momentum!
โ ๏ธ You only have two friend: CHART & TREND (Long-term trend is STILL bullish)
โ ๏ธ Everybody makes mistakes; whenever I am reading an idea and at the beginning I read the " as I predicted " or " just as I said ", I quit reading!
โ ๏ธ I am never ashamed of my mistakes; you can clearly see in my trading-view page that sometimes I have made mistakes. Moreover, I will link my TA in 13th of September and show you guys that I really wanted this downfall in price! :) NOT JUST ONE DAY AFTER THE BEARISH MARKET
๐ I had fun the previous week and did not look at the chart AT ALL. I enjoyed my life and bought the dip!
THIS IS NOT A FINANCIAL ADVICE
... To be continued ...