Good evening. However, it is in my area only i guess, so just greetings!
As i said yesterday, the situation about bitcoin became a bit clearer, but still any outcome is possible and i`ll explain my idea.
Chart shows us very good devirsion, that became the starting point for the big movements several times in the past. BUT, the situation is very interesting: we are coming to the strong resistances at 4150(black line) and 4300 (fibo), that can set the reversal movement. However, getting to 4300 can knock out short orders, and there is quite a lot of them, so they will be a fuel for the rocket.
To be honest, i see some similarity with the situation in june 2017 , but i dont think we gonna get new highs without rest in this case. And one more detail that makes difference between that time and now is the stronger signs of devirsion.
Synopsis: TA talks for the short. FA has some issues.
I read the book right now, and the author sais there something like this: "If you dont know what happens further and dont know what to do, then you are not ready to be trader" I dont agree with that, because expectation is certainly not the inactivity. Inactivity is close to the concept of indifference. And we are not indifferent, we are interested in decreasing our losses and increasing our profits.
Be patient and you will certainly succed!
P.S . Ivan Guskov is my real name. Im from Russia and im a student of a medical university. I got into crypto trading few months ago with the hype wave about Bitcoin . I tried my best to optimize all my resources to get some good results in TA and FA in the shortest time, and im going to learn more details to make my predictions accuracy near 90%, i believe it is possible. Also im going to publish intraday predictions soon. And i have a favor to ask: if my predictions help you in some way, please help me with any donation. My finansial statement doesnt allow me to start trading and have any profits. So i`d like to save up 500$ to make a deposit and buy tradingview pro pack. btc wallet 3Kf42NKeG7YLCJtxBGmEN79JWyyBdfqeAM. I`ll close the donation recieving after obtaining 500$ with report and screenshots.
Thank you for attention.
As i said yesterday, the situation about bitcoin became a bit clearer, but still any outcome is possible and i`ll explain my idea.
Chart shows us very good devirsion, that became the starting point for the big movements several times in the past. BUT, the situation is very interesting: we are coming to the strong resistances at 4150(black line) and 4300 (fibo), that can set the reversal movement. However, getting to 4300 can knock out short orders, and there is quite a lot of them, so they will be a fuel for the rocket.
Synopsis: TA talks for the short. FA has some issues.
I read the book right now, and the author sais there something like this: "If you dont know what happens further and dont know what to do, then you are not ready to be trader" I dont agree with that, because expectation is certainly not the inactivity. Inactivity is close to the concept of indifference. And we are not indifferent, we are interested in decreasing our losses and increasing our profits.
Be patient and you will certainly succed!
P.S . Ivan Guskov is my real name. Im from Russia and im a student of a medical university. I got into crypto trading few months ago with the hype wave about Bitcoin . I tried my best to optimize all my resources to get some good results in TA and FA in the shortest time, and im going to learn more details to make my predictions accuracy near 90%, i believe it is possible. Also im going to publish intraday predictions soon. And i have a favor to ask: if my predictions help you in some way, please help me with any donation. My finansial statement doesnt allow me to start trading and have any profits. So i`d like to save up 500$ to make a deposit and buy tradingview pro pack. btc wallet 3Kf42NKeG7YLCJtxBGmEN79JWyyBdfqeAM. I`ll close the donation recieving after obtaining 500$ with report and screenshots.
Thank you for attention.