YoJah

YoJah

This looks to be a very likely scenario. We encounter some downside retracement before continuing to the upside.

YoJah Updated 

Looks like a nice little setup to me. Price movement appears to be expanding and therefore increasing bullish momentum.

YoJah

More downside is definitely on the table. However, I feel that the correction from the previous wave downward from 137 is not finished retracing. However, .38% retracement towards the downside is highly possible and see price move downward from here, but if candle breaks above upper extreme, then that 38% retracement has a good chance of being invalid and 50%...

YoJah

Just a thought. Appears to be starting 5th or at least a new wave. Let me know what you think.

YoJah

Just a thought. Appears to be starting 5th or at least a new wave. Let me know your thoughts.

YoJah

This wave appears to be losing steam and potentially entering a correction phase. Wait for some volume to the downside for confirmation.

YoJah

Short. As stated before on other posts, just wanted to make it clearer.

YoJah Updated 

Believe it. JPOW and central banks all across the world are actively raising interest rates in an effort to pull money out of the markets, among other things.

YoJah

There is no way this is going to be bullish. China is dealing with a real estate crisis, the United States is clearly in the beginnings of a recession, with rate hikes galore. This will make things harder to buy, harder to borrow, and harder to pay people. In other words, harder to buy vehicles including tesla, solar power panels, rockets, etc. Not to mention...

YoJah Updated 

BTC well on its way to retest weekly 200MA. Fed interest rate hikes and political issues also are catalysts for the downfall along with a much-needed correction. The second peak at 68k only happened due to a lot of extra stimulus money being thrown at the public and therefore leaving people with more money to invest and therefore inflation and interest hikes. A...

YoJah Updated 

Overall longterm hodler. However, market was in need of a correction and thats what we got.

YoJah Updated 

Retrace to the .5 fib line. Rat-tat-tat-tat, it's as simple as that. :D

YoJah Updated 

Oversold, headed towards 200 MA. TP There for a quick gain...Hopefully.

YoJah

Long play with a 2 to 1 risk reward ratio from the onset.

YoJah

A buy at 19.91. There it is, enjoy. Yup yessir. Good old 2 to 1 risk reward ratio.

YoJah

Long, and long some more to the 200 MA, and that is that. TP 1.96

YoJah

For now BTC in trading within a range. Waiting for either a break above or below the range to confirm continuation or a possible reversal of the trend towards 20k levels.

YoJah

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