140 days of a BULL TREND Ending soon (Today or Tomorrow is my bet)
Currently a 5th wave after a TRIANGLE.
Triangles are gifts from the market indeed. as they announce the end of a trend or a REVERSAL.
I'm expecting a last leg up between 30.5k to 31k that could match with the CPI Data coming tomorrow.
A Sharp SELLOFF is expected to happen sending Bitcoin back to the 28k rapidly.
The SHARP SELLOFF is mainly expected due the Rising Wedge formation.
I'm also preparing for a potential overshot of the wedge to 31k or the 23.6% wave 5 projection level.
My ORDERS are already placed right above the last high!
a PRIME SETUP is coming so I will be loading 2% risk against the usual 0.5% to 1%.
After this last leg up, I'm expecting at least a month and half of downtrend towards 20k.
BITCOIN is definitely on of the most exiting asset to trade on the market but you also need to be very patient and manage your risks accordingly.
For those reading this, I'm NOT on Twitter anymore as I lost the motivation on posting content on that platform. It doesn't mean that I completely give up on social medias and content creation.
I will be looking to create long lasting types of content (videos) that will also have the potential to grow a larger community.
This requires much more work but this is where I'm currently working at the moment.
See you at 24.5k for the 1st STOP!
Currently a 5th wave after a TRIANGLE.
Triangles are gifts from the market indeed. as they announce the end of a trend or a REVERSAL.
I'm expecting a last leg up between 30.5k to 31k that could match with the CPI Data coming tomorrow.
A Sharp SELLOFF is expected to happen sending Bitcoin back to the 28k rapidly.
The SHARP SELLOFF is mainly expected due the Rising Wedge formation.
I'm also preparing for a potential overshot of the wedge to 31k or the 23.6% wave 5 projection level.
My ORDERS are already placed right above the last high!
a PRIME SETUP is coming so I will be loading 2% risk against the usual 0.5% to 1%.
After this last leg up, I'm expecting at least a month and half of downtrend towards 20k.
BITCOIN is definitely on of the most exiting asset to trade on the market but you also need to be very patient and manage your risks accordingly.
For those reading this, I'm NOT on Twitter anymore as I lost the motivation on posting content on that platform. It doesn't mean that I completely give up on social medias and content creation.
I will be looking to create long lasting types of content (videos) that will also have the potential to grow a larger community.
This requires much more work but this is where I'm currently working at the moment.
See you at 24.5k for the 1st STOP!