So far, 90% of you have followed the other 90% who also fail.
You've all been short bitcoin since 5400, 6500, now wanna short at 7500.
Learn the market cycle before you take a position.
Short Bitcoin, go ahead and sell your belongings because you're gonna need the extra funds for food and basic essentials.
Don't be a 90/90/90 statistic trader.
Typical market psychology, every single noob investor on the planet sees this price and publishes an article and says "This is the peak time to short"..
Look at all the dots of shorts, every single one has been liquidated.
No one has mentioned the weekly, 3 day, or daily strength of Bitcoin's stochastic RSI.
No one has mentioned the fact of futures being...
We are moving towards the end of wave 5 in the Elliot wave cycle (See my previous published for my evidence).
Bitcoin will retrace 50% towards the support zones then continue it's bullish run wants it resets it stamina. It was impulsive and alot of noobs bought at the peak and are now holding, most likely will get liquidated during the retracement of Bitcoin. You...
Previous published idea closed in profit. BTC respected support zone (ichimoku & Support) around $5300-54000. Opened a long below $5,500.
Looking to hold position throughout the coming days and move profits with price (trailing stop). Will keep you guys updated if anything changes. Thank you for the support and standing with me as i become a better...
As i learn and get better at plotting my charts. I'm seeing things i would normally be Oblivious to. I see this failure being the end of wave 5 and 6200 being the ATH until after this abc correction. I think BTC will touch 5000 or even 4900 then resume it's move to $10,000. Let me know what you guys think. As i improve your feedback will help me get better at...
This is what i wanna see happen and i am expecting another correction and retest of new support 5800 or so. Then move up towards 7k towards the end of the month after the forks of course or maybe even before.
I have a buy limit order at 5840 i won't be entering until a more clear picture is painted.
Wave form is following the chart perfectly. Price is now touching support on the FIB level 26% & Inchimoku Cloud.
Buy orders will be filled in this area giving BTC the momentum it needs to push to $7,000
Trade responsibly, let's get it guys !