For the future, we should note when in the heights, F&G shows a double top (see last 2 examples) highest willingness to be poor The bottom was mostly found at F&G 10 ‼️
IMO is BTC in a 4h channel and contests the 1D MA200. Intuitively, I would assume a recovery. But this will only be confirmed when we break the channel ‼️
Here is a look at all divergences! 1D - 4h - 1h - 15min ‼️
This logscale post works perfekt ( Channel )
FIBOs, in yellow, act as resistors Support should be provided by the current lows, 0.786 and 0.887, where my BUY ZONES are ‼️
My SL is below 29k, line in red
I want to mention that everything I post is just options and my own opinion!
Always trade with SL and do not risk more than 1% of your portfolio (max. 3%) per trade.
If you have any questions, please let me know
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SHORT trade 15min Chart Doppeltop
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next SHORT SETUP
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Comment: There are a few ways to read market sentiment, but in my opinion this indicator is being given far too little attention This is one of my first education post
After clear 5 waves down, BTC began accumolating and drew a falling wedge that broke upwards. This was the correction start.My targets are from 0.5 Fibo to 0.786
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BTC is very weak IMO. When we pursue a new LL, we are at least noticed
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on the white line
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The last daytrade shorts came off completely, IMO is in this range, and extreme fear 22
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Nobody knows exactly when this correction will be over but this HaS looks very good, if you like it give me a like
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IMO we staying by exrtreme frear but also at support.
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If we get a bearish divergence in the fear and greed chart, I'll close my short
Very good work bro, Fear and Greed index is a very good indicator and simple :D
TR7z
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@thecryer, thx mate, that's exactly how it is. a very good counterindicator
baby_rhino
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Very useful but my F&G now is 10 already
TR7z
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@baby_rhino, Unfortunately, I don't know where you get your data from and I'm not allowed to publish any links on TV. my indicator, which is also the most widely used, is IMO at 28