Hey Guys!
Don't be scared to be wrong and when you see new information on how the Parallel channel should look like, TAKE it and Use it to gain some more information on the current trend!
It's funny how We"we talk about the Whales in our previous chart today...
I've adjusted the Downtrend Parallel Channel (Red) and looking at the RSI Right now we could see a VERY Small Divergence (White Box + Red Line), This information could tell us that BTCUSD Might gain Strength for a short period of time.... I doubt it BUT it's possible, If it does, it will be pretty aggressive
... a Copy of todays chart for info:
Hope you ALL enjoys BTCUSD 0.73% Final Drop and making as much money as we do!
As mentioned in my previous chart BTCUSD 0.73% has Stumbled to go through the Fibonacci 0.5
Now that it did, we know for a Fact that BTC 0.73% IS Heading Down to the 0.618 & 0.786
We do need to take in consideration the market Status. We know that ''Whales'' are playing with the market and disturbing the market projection of all traders.
Knowing all this, we have to consider the possibility of another ''Bullish'' trend before hitting the rock bottom. My projection would be close to the Fib 0.786 get another ''Bullish'' trend.
Let's keep a close look to BTCUSD! For those who doesn't short, GET Ready to Buy Back BTCUSD 0.73% in the VERY Near Future!
Cheers Guys Love you all & Don't Forget that EMOTION IS TRADERS WORST ENEMY!
Don't be scared to be wrong and when you see new information on how the Parallel channel should look like, TAKE it and Use it to gain some more information on the current trend!
It's funny how We"we talk about the Whales in our previous chart today...
I've adjusted the Downtrend Parallel Channel (Red) and looking at the RSI Right now we could see a VERY Small Divergence (White Box + Red Line), This information could tell us that BTCUSD Might gain Strength for a short period of time.... I doubt it BUT it's possible, If it does, it will be pretty aggressive
... a Copy of todays chart for info:
Hope you ALL enjoys BTCUSD 0.73% Final Drop and making as much money as we do!
As mentioned in my previous chart BTCUSD 0.73% has Stumbled to go through the Fibonacci 0.5
Now that it did, we know for a Fact that BTC 0.73% IS Heading Down to the 0.618 & 0.786
We do need to take in consideration the market Status. We know that ''Whales'' are playing with the market and disturbing the market projection of all traders.
Knowing all this, we have to consider the possibility of another ''Bullish'' trend before hitting the rock bottom. My projection would be close to the Fib 0.786 get another ''Bullish'' trend.
Let's keep a close look to BTCUSD! For those who doesn't short, GET Ready to Buy Back BTCUSD 0.73% in the VERY Near Future!
Cheers Guys Love you all & Don't Forget that EMOTION IS TRADERS WORST ENEMY!
Comment:
Its following the Rules !
