I'm using this chart in correlation to another that i will post later please watch both.
In these last days i've seen so many people taking random fractals that are no way similar to the price action and calling the bottom. This fractals are part of the reason why i'm not so bullish at the moement and hope prople, who are clearly blinded from their hopes, can consider others point of view. ( This fractals are the March-May price action- 4h TF)
Let's take a short term long, looking for a strong rejection. Invalidation: candle closes below support (30m TF)
What if instead of 100k we find a bull trap? Let's see what happen
Not sure if is really going to happen but a lot of red flags are knocking my door. I honestly was expecting new ATH but this violance is never a good sign. Dayily candle could be capitulation but guess is just the final pump.
Not sure if is really going to happen but a lot of red flags are knocking my door. I honestly was expecting new ATH but this violance is never a good sign. Dayily candle could be capitulation but guess is just the final pump.
Two main orders levels, looking for a fast rejaction candele on high timeframes(6,8,10...H)
Ready to take off but struggling against moon cycle. Selling pressure. Lot of confluences around 51,800. Just Hope to get filled.
Nice levels confluence. Let's take profit from the rebound. Not a long term entry (price is too high to enter now)
good moment to buy, momentum exausted and possible high reward . if the trade start goes down i'll look for close it in break even or with a small loss during the retracment needed. Fractals looks good.