BTC - OK - Now we can talk about a bigger pullback incoming
I am finally ready to talk about a real possibility that we'll see a pullback coming soon. Watch the zones up above us around the 26300 area. There's likely going to be a pullback starting from there.
Be careful not to do anything stupid, though. This is still a bullish trend after all. Whatever pullback we do get is likely not going to go to your downside, take out november lows, targets.
Believe me when I say that whatever pullback we get will quickly get bears frothy and totally overleveraged and will probably just get decimated again.
The bigger question is whether or not this 5 wave structure is the beginning of a bigger move up, or if this is the completion of a move. We will need to wait and see how we come down from the highs to make a determination on what happens next.
Watch your indicators. They're going to be very valuable here. Watch for buy alerts and squeezes.
Trade carefully! Cheers!
Be careful not to do anything stupid, though. This is still a bullish trend after all. Whatever pullback we do get is likely not going to go to your downside, take out november lows, targets.
Believe me when I say that whatever pullback we get will quickly get bears frothy and totally overleveraged and will probably just get decimated again.
The bigger question is whether or not this 5 wave structure is the beginning of a bigger move up, or if this is the completion of a move. We will need to wait and see how we come down from the highs to make a determination on what happens next.
Watch your indicators. They're going to be very valuable here. Watch for buy alerts and squeezes.
Trade carefully! Cheers!
Trade closed: target reached:
"whatever pullback we get will quickly get bears frothy"
"totally overleveraged and will probably just get decimated again"
"totally overleveraged and will probably just get decimated again"