hypothetical/practice**
Volume dependent.
I don't believe nor take seriously TGT projections past 1 day.. maybe even 1 hour however, its worth noting volume activity on these longer time frames for some perspective.
Those most recent highs saw some significant profit taking. Anything can happen. but be careful with unrealistic expectations and time frames to get there. Supply and demand rules, always.
I don't see any reason for BTC to be worth 10K as much as I see no reason for it to be worth 10 euros, i wouldn't care either way... Buy high, sell low. Listen to the chart. The chart is the master. Not the pundits.
GL
“Patience is key to success not speed. Time is a cunning speculators best friend if he uses it right”
Jesse Livermore
Sources of education:
Tom Williams Volume spread analysis VSA/ Master the Markets
Richard Wyckoff
Pete Faders VSA
Read the ticker dot com
Dee Nixon
BTC trading challenge price action/volume techniques
Good luck
Volume dependent.
I don't believe nor take seriously TGT projections past 1 day.. maybe even 1 hour however, its worth noting volume activity on these longer time frames for some perspective.
Those most recent highs saw some significant profit taking. Anything can happen. but be careful with unrealistic expectations and time frames to get there. Supply and demand rules, always.
I don't see any reason for BTC to be worth 10K as much as I see no reason for it to be worth 10 euros, i wouldn't care either way... Buy high, sell low. Listen to the chart. The chart is the master. Not the pundits.
GL
“Patience is key to success not speed. Time is a cunning speculators best friend if he uses it right”
Jesse Livermore
Sources of education:
Tom Williams Volume spread analysis VSA/ Master the Markets
Richard Wyckoff
Pete Faders VSA
Read the ticker dot com
Dee Nixon
BTC trading challenge price action/volume techniques
Good luck