BTC-XLM

Trend retracement or reversal?

Short
BTC-XLM Updated   
POLONIEX:BTCUSDT   Bitcoin / Tether USD

Hello friends,

Part A
A 5-year-old child can draw several straight lines. I can.

A 10-year-old can read other ideas and tell you about resistance and support. I can.

So what's the difference between us?

Just : Implicit and explicit statements! . He is full of doubts, but I am not. I'm not telling you a conditional statement, if A then B ( Bearish or Bullish ). I say it explicitly: "Bearish"

Part B
Trend retracement or reversal?

Retracement and reversal can be "extremely detrimental" when they are interpreted incorrectly.

I think what you have encountered is a retracement.

See attached Idea, Follow updates.
Comment:
Comment:
Comment:
Daily MFI is extremely high

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