Most people are really bearish on btc unlike me. I am very bullish on it.
From institutional traders perspective we just got into weekly demand zone and broke strucutre on 1d timeframe.
But from retaild traders perspective we have 2 cases:
-First case I saw many people were posting is that btc is forming bearish falg pattern.
I wouldnt aggre with it because we broke upper trendline
Most of retail traders posted as it wasnt broken, but didnt draw upper lineat bodys of candles. They moved it up so it can fit ,just so they can make themselves think that way.
-Second case is falling wedge which most of the times has bullish outcome and I think this will happend.
We are coming in demand zone that broke strucutre and broke upper trenline on "bearish flag pattern"
!!!Also USDT.D has broke strucutre on lower tfs and is litteraly in highest point I think it will ever be in next few months.(this is bullish sign for whole crypto market)
For those who were curious why I became inactive, its because there is so much close minded people that comment on these posts without having open min to shar perspectives.
!!!BTC.D
This is ta from @CRYPTOMOJO_TA my current favorite ta provider on whole tradingview.
BTC.D dumping will make altcoins pump so hard, combining this with USDT.D going down will make altseason ready to start.
Also thats how perfect bear flag should look like.
None of this is finacial advice
From institutional traders perspective we just got into weekly demand zone and broke strucutre on 1d timeframe.
But from retaild traders perspective we have 2 cases:
-First case I saw many people were posting is that btc is forming bearish falg pattern.
I wouldnt aggre with it because we broke upper trendline
-Second case is falling wedge which most of the times has bullish outcome and I think this will happend.
We are coming in demand zone that broke strucutre and broke upper trenline on "bearish flag pattern"
!!!Also USDT.D has broke strucutre on lower tfs and is litteraly in highest point I think it will ever be in next few months.(this is bullish sign for whole crypto market)
For those who were curious why I became inactive, its because there is so much close minded people that comment on these posts without having open min to shar perspectives.
!!!BTC.D
BTC.D dumping will make altcoins pump so hard, combining this with USDT.D going down will make altseason ready to start.
Also thats how perfect bear flag should look like.
None of this is finacial advice
