Fade the trend at your own risk.. It's always a good idea to SELL into WEAKNESS, and BUY into STENGTH.
The daily btc chart is confirmed bearish. Only the monthly and weekly chart are still bullish, but if the downtrend continues on the daily trend, then it will make its way to the Weekly chart and eventually the monthly chart.. This is going to happen slowly or a mega dump could speed it up. but the target remain the same.
We were all promised a "SUPER-CYCLE" and alot of people are still riding the narrative fueled by social media and constantly getting rekt . Trust ONLY what you see on charts ONLY !!.
I already started shorting the market way back since January when i stopped listening to the hype and started focusing on trading the trend on the chart as soon my trend indicator gave me a sell signal on the daily timeframe, everyone taught i was crazy in the chats for my bearish call outs. So far its been the BEST DECISION EVER !!
If you want to buy anything, just make sure its on Spot, you buy with the mindset that you are buying to hold until at least 2027 .There is no magical super cycle..The party is over until something crazy bullish happens or trump does something that sparks a new rally.
The daily btc chart is confirmed bearish. Only the monthly and weekly chart are still bullish, but if the downtrend continues on the daily trend, then it will make its way to the Weekly chart and eventually the monthly chart.. This is going to happen slowly or a mega dump could speed it up. but the target remain the same.
We were all promised a "SUPER-CYCLE" and alot of people are still riding the narrative fueled by social media and constantly getting rekt . Trust ONLY what you see on charts ONLY !!.
I already started shorting the market way back since January when i stopped listening to the hype and started focusing on trading the trend on the chart as soon my trend indicator gave me a sell signal on the daily timeframe, everyone taught i was crazy in the chats for my bearish call outs. So far its been the BEST DECISION EVER !!
If you want to buy anything, just make sure its on Spot, you buy with the mindset that you are buying to hold until at least 2027 .There is no magical super cycle..The party is over until something crazy bullish happens or trump does something that sparks a new rally.
Note
I have posted an update analysis in anticipation of the major upcoming FOMC interest rate news See link here
You are always 1 trade away from life changing profit.
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.
You are always 1 trade away from life changing profit.
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.