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Zuhru
Apr 16, 2024 4:40 AM

Huge Fall its starting. Be ready. Dont FOMO at Halving. pt6 Short

BTC Perpetual Futures ContractBinance

Description

Its starting.

My previous analysis were right.

If you want to be profitable in this business, you need to do contrary to the 95% of traders.

When everybody is bullish regarding Halving, Im bearish.

Be smart. Think outside the box. Act like the 5%, not like the 95%.

Buy with the rumor. Sell with the new.
Comments
PerfectLONG
Let’s go
MyCryptoParadise_Nathan
Your insights are quite enlightening
PerfectLONG
Scared traders selling no way we don’t retest
Zuhru
@PerfectLONG retest happened: rising wedge bottom + distribution POC + 0.382 HTF

You can have upside manipulations. But we are very close to halving. And to a important bearish movement.
PerfectLONG
@Zuhru, good luck
Zuhru
@PerfectLONG thanks, good luck to you too. But Im analyzing the chart, so if I see bullish confluences I dont have any problem to readjust my bias. However, the vast majority of confluences in this moment are bearish. Price needs to go down. You can check my previous analysis. I hope that you are using smart invalidations for your trades, spot positions and for your bias. Buy with the rumor, sell with the new.
PerfectLONG
@Zuhru, I just don’t think there is any reason to sell, it looks like btc is reversing. This is my year people have been shorting the last 2 years. Next year might be bad take advantage
Zuhru
@PerfectLONG I can justify my bearish analysis plenty but if you want to know my impressions you can check my previous posts. 95% of traders lost money in these markets. The majority of people and youtube gurus are all bullish about halving. Are you walking with the 5% or with the 95%? You can think about that. For me the HTF Range has more possibilities to be a Distribution than an Accumulation
PerfectLONG
@Zuhru, I just don’t see how bears have enough control, bulls are buying and not selling. Iran war is what dumped but they are good we are bullish.
Zuhru
@PerfectLONG bullish and bearish are relative. For me it's what the market makers needs in this moment, what the Wyckoff Composite Man needs to do in order to achieve to buy more BTCs. IMO, scaring people and recapitalize pendent resting liquidity
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