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averkie_skila
Feb 9, 2023 11:25 AM

Renko pins Short

Bitcoin / TetherUSBinance

Description

It's a stubborn thing.
Let's see how it handles.
The first area for a rebound is marked.
And next week I will publish a weekly chart.
Hopefully.

Comment


I'm telling you, it's a very stubborn thing.
Comments
hashemimohammad6666
downtrend is on ?
averkie_skila
@hashemimohammad6666, With a global downward trend in mind, it is not clear at which point it will end.
I haven't buried the idea of $10,000 as an end goal yet. But now we are talking about a bounce to the 20600 area. There we might know what's going on. But 20600 is just a correction of this move. I'm waiting for a certain weekly sign. If it happens, I will publish a post asking everyone to think about what it means. There is probably a major uncertainty in the market. Let's wait a bit and I'll make a post. Thank you.
hashemimohammad6666
tn man for sharing your idea . I checked your previous ideas and I like your methods and mind .
tnx .
averkie_skila
@hashemimohammad6666, Keep a close eye on VIX. If there is a global bearish move this year (SPX, crypto, oil), then VIX should shoot up. Many are already unequivocally convinced that VIX will shoot. But I haven't posted any ideas about VIX because it's a very different thing. It is better to watch for months and then decide to point out some meaningful thing. Yes, it looks like a compressed spring, but just like that it can still be compressed for months. In any case, once a month, open VIX and estimate how it will affect the markets.
hashemimohammad6666
how we can spot a bottom . it is a risky and confusing market .
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