good evening, this is probably not something you'd like to hear,
but it is something that i'd like to share.
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while the majority remains unconsciously bullish, i personally can't shake this feeling that btc is setting up for a larger move to the down side.
might not happen today or tomorrow, but it might happen when we all least expect it.
our indicators are starting to call out these massive sell signals again, similar to the 53k peak, and right before the recent drop a few days ago. it is seriously raising my suspicions.
i'm not bullish, and i am starting to lean more bearish as of this evening.
the current structure just doesn't phase me as something that looks nice. it looks corrective by nature.
i still think we make it to 22k, but i'm not entirely sure how it's going to get there, or what is going to be the "catalyst" for it.
might also be wrong, so take my words with a grain of salt.
but it is something that i'd like to share.
----
while the majority remains unconsciously bullish, i personally can't shake this feeling that btc is setting up for a larger move to the down side.
might not happen today or tomorrow, but it might happen when we all least expect it.
our indicators are starting to call out these massive sell signals again, similar to the 53k peak, and right before the recent drop a few days ago. it is seriously raising my suspicions.
i'm not bullish, and i am starting to lean more bearish as of this evening.
the current structure just doesn't phase me as something that looks nice. it looks corrective by nature.
i still think we make it to 22k, but i'm not entirely sure how it's going to get there, or what is going to be the "catalyst" for it.
might also be wrong, so take my words with a grain of salt.
Trade active:
Comment:
i posted a youtube video talking about this setup, feel free to check it out if you're interested
Comment:
✌🐂
✌🐂
Trade active:
flaming hot sell signals starting to come in right now 🔥
this situation is going to escalate very quickly (in my opinion)
this situation is going to escalate very quickly (in my opinion)
Comment:
1\3 hour buy signals coming in this morning, this always gives us a nice bounce
1 week sell signal flashing as well - last time this happened was at 64k
21\55dema about to see a bearish death cross in the next 24 hours
usa doesn't wanna raise the debt ceiling, so our markets are starting to crumble under this pressure
if nothing changes, things will get pretty ugly.
that being said, i'm long right here for a short term swing ~
1 week sell signal flashing as well - last time this happened was at 64k
21\55dema about to see a bearish death cross in the next 24 hours
usa doesn't wanna raise the debt ceiling, so our markets are starting to crumble under this pressure
if nothing changes, things will get pretty ugly.
that being said, i'm long right here for a short term swing ~
will short the 0.618 on that next retracement