If you've been following my previous posts you'll have been made aware that bitcoin was trading in a rising wedge AFTER previously breaking down on January 16th from where we lost the original uptrend that was holding throughout the pump through previous ATH's all the way to $40,000+.
$33,333 is the target.
Why?
#1: Lower highs being printed since ATH at $42,000. #2: We first broke down on January 16th, from where we went sideways printing higher lows which lead to a rising wedge (bearish playout) which was accurate. #3: BTC dominance is still 65% (ALT SEASON) #4: We've had to bearish breakouts to the downside since ATH's. #5: My target of $32,999 - $33,333 still hasn't been reached and believe we will reach these levels eventually. #6: Market sentiment tells me bulls are still greedy and need a smack down. #6: I trust my intuition and my critical thinking to get the job done and outperform the markets. #7: "Plan your trade and trade your plan"
Please get this post to 30+ likes to unlock the next TA after the targets have been met! 👍
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supply and demand
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My next post will be around $33,333
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30 min PSAR went red
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i missed my order fill by less than 10.........taking today off from charts im hvaing bad stomach pains and going to the hospital.
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I'll sell every single pump until my targets are met i could care less about the noise.
do you have any resources on trading? I'd love to learn how to trade as well as you
YurloTrades
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@Johnny_wa, thanks for the kind words brother, send a message my way we'll get you on the right direction towards success
hspecial
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Greate Man, I hope you get better soon. look forward to here you are healthy again. Finger crossed
YurloTrades
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@hspecial, cheers buddy, gonna take care of myself today and get back to charting tomorrow! maybe later
bigchak
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get well man
YurloTrades
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@bigchak, thanks for the kind words brother. will be posting TA tomorrow for sure, either scalp positions or if we don't hold support i'll further make an analysis based on that performance of price action at that given time brother. i wish you a lovely day.
Jackietannnn
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Thank you for the charts and all the updates. how do you know where to put your grey ovals?
YurloTrades
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@Jackietannnn, thanks for the kind words my friend, and i connect higher lows, lower highs, and make a trend line connecting which represents a forming pattern within price action
mapkoibah
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Tested 34k twice already.
Is it holding? Is it breaking?
Suspense :D