--- Link on a good view of my chart 📊 The trend line is broken, the daily chart doesn't look very optimistic🤔
Most likely it is worth turning into bears.🐻
☝🏻I bring to your attention the outcome of events, that may happen in the near future!
1. The price may again go into lateral movement not for long time and start moving up, but this scenario is unlikely!🤫
Interest in Bitcoin always disappears a bit for the summer period .🌞
Therefore, I offer you one more option, which I clearly decided for myself.🔥
2.If the price drops below 8650, I turn into dollars and I'll look for the best option for entry.🧐
Now we can focus on other altcoins and try to play with them.💪🏻
📢I feel a burden of responsibility for the fact, that people are following me and it's very difficult for me to make harsh and spontaneous decisions. 🤔 Soon I'll get used to this feeling, but human psychology, it's very insidious. I noticed due to the fact, that when the market is strange, I have constant mood swings.😐 I recently wrote in Instagram, that Trading is more than just entering and leaving a position. That's a constant struggle with yourself.👊🏻👊🏻👊🏻 For me,that's all so serious.😊
I value you and value my reputation! And I really hope for your understanding!💋
Sideways until 100k of btc options expire worthless in 10 days or not higher then 11k, not lower then 8.5k by June 26
RocketBomb
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@Power_of_Shitcoin, 🙏🏻 Thanks for sharing your thoughts!! Soon we'll see interesting move!
ArShevelev
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Good plan 👍 I think we still need make lower low
RocketBomb
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@ArShevelev, Thank you for sharing your great video!! I like your work!!!💪🏻
RocketBomb
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Today I have a more pessimistic mood, but in soul I'm optimistic and trust your analysis! Thanks! 🚀 @ArShevelev,
DataFollower
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Yeah this perception of resposibility might be overwhelming but on the flipside you are probably more careful about your predictions leading into finding major and more accurate signals (everything you are not sure you'll probably not take into account which helps a lot). I found that the biggest trading mistakes comes from things we know that are actually not true, not the ones we don't know. Also looking at bigger picture helps to be level headed cause you see only major moves and you probably don't get stressed about 5% movements (which are meaningless in the bigger scale)
BTC is in tough spot, no surprise, but this is what I'm looking for in the next weeks and months:
If we close monthly above the bearish trendline we are good, if not the bearish trend continues.
Here is I think something interesting for BTC:
We had never lost the red critical support except the last black swan. If we would remove it from the chart it would look like a proper pre-bullrun accumulation like in previous BTC bullruns. This matches with stock to flow model for BTC.
However short term doesn't look optimistic:
We lost trendline, we lost 21MA (red), we are losing 50MA (orange), but technically we haven't created lower low and high yet so we haven't reversed. Also the cross of this to usually don't end pretty.
Something that is really great is hash ribbons showing we are weeks before recovery which is going to make buy signal at very important place in big picture (second chart).
But to keep it simple I'm aware of everything above but I'm watching only the first one, because it's going to dictate everything else... This is my "IF"
DataFollower
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Alligator is grinning at BTC short term, and RSI divergence...
But hasn't BTC supposed to be a currency?
RocketBomb
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@krystiann99, Thank you, I think you understood me correctly!💪🏻 Thanks for your charts, so interesting to know your vision!🧡
When I trade for myself it's comfortable for me, I understand all the risks, I have a clear strategy and plan !! I follow it and don’t worry at all !!! I can quickly turn from a bull to a bear.
But for last several months I have been here and I have no experience blogging. I try to be useful to people. But it’s very hard to balance. I can’t be in touch constantly to give each person signals to buy / sell. Each has its own vision of the market. I have a very good goal, I'm very worried lately. I understand, that most likely there is too much superfluous in my head and the experiences are unjustified and meaningless.
I wanna continue my blog here, but my inner state is not calm now.
I don’t know how to explain to people correctly, that they need to be careful for didn't lose money.
DataFollower
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@RocketBomb, totally got you! What do you think about stock? And further correlation with BTC?
AJFG
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@RocketBomb, WHOA, THERE ! Kat, you can't carry the World on your shoulders. The only thing you can control, is what you do, , the rest is beyond you. You're a good drill sergeant, but this is War, not everyone is making it home in one piece. Call it how you see it , and let folks make their own decisions. If someone needs you to hold their hand all the way, maybe they shouldn't be trading in the first place, My Link position is just getting pummeled, it will get even worse, but i'm not selling, i'm getting ready to buy at the bottom. Not a care in the World. Yes, it's raining, but the Sun WILL come. Let's ride it out !