alexpolynov

New money should experience correction

Short
alexpolynov Updated   
POLONIEX:BTCUSDT   Bitcoin / Tether USD
In 2017 we've seen a number of huge corrections, mostly on news manipulation.

Last two months however lots of money came to the market. For them the feelings are similar to 2017 mart-june, when everything was growing fast.
Now these new investors must experience huge correction and emotions related with those red candles.

If we are not going to another ath, which could give +50-100% more, we should fall hard.

P.S. take a look how USDT/USD behaves - so similar with May sudden collapse
Comment:
-2% in minutes, its' just beginning
Comment:
time to start manipulating news
Comment:
10k next goal
Comment:
hmm
Comment:
Comment:
reached bottom for now, however didn't touch resistance.
next week we'll see if a new impulse wave is going to happen, or speculation and rumors will bring price back
Comment:
bounced from update image target, but I'd watch this more
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.