wickedguy
Let`s look at current situation. Because of breakdown of triangle, I still believe that my previous posting scenario is valid: Therefore, this posting is somewhat biased toward short perspective. First of all, I want to point out relation ship between BTC and stock market As you can see above, stock market and btc price move in same...
Now it moves almost exactly same as 2008 crisis. I hope you did not long at the break out of 3960+. (I already warned you in pt1) It seems so obvious that I dont need to explain this posting`s chart. Yeah, my chart is little bit different from previous pt1, but nothing changed in longer view. I might post few other postings today or tomorrow to support this...
I think most of ppl think it is bullish, so I wont explain about bullish aspect. This is bearish scenario. Whether you think it goes up or down, I think it is valid for both perspective
Based on 2008 situation, it seems like we need to prepare big short. But it might go messy before the final top.(as ususal lol) Considering this fractal structure in my chart, I will tell you what you should do and should NOT do. What you should not do : FOMO or FUD What you should do : be patient till the pull back As you can see, there must be a chance. GL
I am still thinking that 1.37589 might be the final top. And there are lots of try and rejection to break up that level. I am not sure bears can defend if DXY can go down further. If it breaks up, I will put massive short on little higher level with ultra tight stop loss. So, this might be jackpot type trade, GL based on my calculation my entry point should...
I wish u take good profit from my comment of previous posting. There is a possibility that 1.37589 is final top. So, if you are still holding your short position, it is okay to remain some portion of it. Whether it was top or not, I think this is very good scalping opp.
buy zone : 0.88160-0.88110 stop loss : 0.88000 target : 0.89400~0.90250