1/ Bitcoin has always shown in recent years that it corrects by 30% even in the bull market. At the same time, the EMA140 is always tested at dump. When it gets bloody on Monday, we can see the 13k again
2/ Last Monday the 7th green Bitcoin candle opened in a row and I was flat or had very very tight stops. Enduring the fomo in yesterday's days was already a challenge. I was standing on the side line while everyone got rich with $XRP $ETH and $LTC
3/ We will definitely still close over 15k today and then paint the 8th green week candle. CME has never had 8 greens and BTC only had 8 weekly greens for the first time in April/May 2017 - after that came the 35% correction.
4/ It is important to always look at the big picture or not just rely on the prices. My setup told me that $BTC will only go to about +-17k. The Bitcoin dominance shows that anything above 17k was actually just a fakeout and $BTC.D disappears back into its channel.
5/ My indicators say it is dumped because:
1. 30% correction is part of a healthy cycle
2. 1Day EMA 140 test
3. the annual opening still needs to be tested as a support (R/S flip)
4. stoch (all TF over 3h lol) is bearish af
5. 8th green weekly candle
1. 30% correction is part of a healthy cycle
2. 1Day EMA 140 test
3. the annual opening still needs to be tested as a support (R/S flip)
4. stoch (all TF over 3h lol) is bearish af
5. 8th green weekly candle
6/ After the correction, continue towards 100k. At the defis like $YFI $SUSHI $OCTO you have seen how stupid the money is. But did you think that Ripple would make 50% just like that? Me neither. That's why it's clear that $DASH $REP $XMR will also wake up from a deep sleep.
7/ So there are two ways you can make money in 2021
1. you can trade - is the hard way.
or
2. you just buy continuously after the dump (the easy way) and get out sometime (very hard :) )
1. you can trade - is the hard way.
or
2. you just buy continuously after the dump (the easy way) and get out sometime (very hard :) )
8/
By the way, the market is completely manipulated. But even the actors oriate themselves according to patterns.
By the way, the market is completely manipulated. But even the actors oriate themselves according to patterns.