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Joseph_Yabwa
Oct 26, 2021 7:22 AM

BITCOIN IS COMING BACK FOR ONE MORE KISS BEFORE IT SAYS GOODBYE! Long

Bitcoin / U.S. dollarBitstamp

Description

Structure, structure, structure!!! Do you have any idea how much the market loves structure?? It's almost like it can never get enough of it and bitcoin looks to be turning back to structure again but this might be the last time it returns to previous structure because after that we can expect the market to resume it's uptrend and break the previous high.

Comment

This was my last post on BTC and the outlook still hasn't changed!

Comments
biserz
if we drop to 60 we'd be making a perfect h&s that people should carefully consider before longing...
Joseph_Yabwa
@biserz, Yeah you are right, we could get a deeper correction obviously! let's see what happens
Joseph_Yabwa
@biserz, Thanks for commenting
CryptoColor
Your last Short signal on BTC just ruined and you lost the bet. Remember: This bull market keeps spoiling anyone who yearns for a drop.
Joseph_Yabwa
@CryptoColor, No my last short signal is still in play, check it again mate! I'm still expecting a drop and indicated on my last signal that the market will go high one more time before we get the drop and that's exactly what happened
CryptoColor
@Joseph_Yabwa, I'm afraid I can't agree sir because if I hit play button in your previous short analysis, I can see your channel (including its top) is negated. The price may keep going up without any considerable correction.
Joseph_Yabwa
@CryptoColor, The lines on my channels don't mean anything, its just a guide. The most important thing if you understand structure is that the market still hasn't broken previous structure which is located on top of the previous channel and as long as the market stays below that previous structure then i still expect the market to go down
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