BTC (Y20.P6.E7).BEARISH FRACTAL

Hi All,

So far I have been making the right calls and I believe this is another.
The left is the top off in 2019 for BTC and the right is now but in a shorter time frame but the same structure.

Its also a good time to get rid of you BTC and\or SHORT.

If your not convinced this is the top, then look at the previous post (link below) as to the business case.


Best of luck,

S.SArri

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Comment:

Update on chart. Now is the hard part, looking for a trend.
Remember this, in 2019 I made an beautiful exit at the top, missed it by a few hundred dollars, but the following days and weeks, the structure stripped most of my profit. Its designed to do that.
Later I found out, that wave 3 o 4 can be the most complex because its designed to get liquidity, GET YOUR MONEY as the run up is straight foreword and very profitable.
Unless you know what you are doing....DON"T TRADE. That is my advice to you.

Comment:

ref. BTC.chart.

Ok. after doing a quick san on other key alts ( not finished ) they pretty much hit their target.
With BTC, the 8 HRLY chart gives us a good representation of the trend and now I would be looking for a bullish sign or bullish setup in structure to trade BTC on the 8 hrly. What do I mean by a bullish setup, a bullish candle structure that tells us there is upward pressure.
Note: this is a nice cradle setup and we can ignore that big wick.