My Trading Friends,
This is my first chart so be gentle :-)!
I'm more of a swing trader / intraday, because of my very busy dayjob.
But that doesnt keep me off the screens to see how the markets are moving, looking
for the right candles, looking for the big triggers in the game for the big moves, etc.
The long Wick and the "bullrun" for bitcoin just doenst feel how it should be.
I'm following crypto for a while and i know that when BTC pumps like this, the rest fly's trough the roof!
And now it didnt.. Only BTC had a run, while it is the fiat currency for the rest..
But what supprised me the most, was that i really "thought" that when the markets did the first
correction, that BTC didnt followd Gold: MOOOOOOOOOONN...!!
Now i also know that they are linked so if i look at the S&P500, i can tell that the correction is far
from over. It just has hit there first little "bounce"..
Meaning that the correction isnt over for BTC aswell..
History shows me that 5K isnt the region to look at, its more in the 4k region where a strong S/R is pressent.
I expect that the bigger correction will fall soon, withing 7 - 10 days.
Please leave comments or even corrections down below,
Safe Trading!!
This is my first chart so be gentle :-)!
I'm more of a swing trader / intraday, because of my very busy dayjob.
But that doesnt keep me off the screens to see how the markets are moving, looking
for the right candles, looking for the big triggers in the game for the big moves, etc.
The long Wick and the "bullrun" for bitcoin just doenst feel how it should be.
I'm following crypto for a while and i know that when BTC pumps like this, the rest fly's trough the roof!
And now it didnt.. Only BTC had a run, while it is the fiat currency for the rest..
But what supprised me the most, was that i really "thought" that when the markets did the first
correction, that BTC didnt followd Gold: MOOOOOOOOOONN...!!
Now i also know that they are linked so if i look at the S&P500, i can tell that the correction is far
from over. It just has hit there first little "bounce"..
Meaning that the correction isnt over for BTC aswell..
History shows me that 5K isnt the region to look at, its more in the 4k region where a strong S/R is pressent.
I expect that the bigger correction will fall soon, withing 7 - 10 days.
Please leave comments or even corrections down below,
Safe Trading!!
Comment:
Sooo that escalated quickly :-)!