Alright folks, don't be a pleb.
Right on on the 15m I'm showing a bear pendant about to break further south.
All them fools falling into the bear trap with their overly optimistic viewpoint is going to get rekt and reemed by the big institutional whales.
Wave C of Elliott Wave
or 123.6% of wave AB
Depending on risk levels, make your move.
DON'T BE A PLEB AND FALL FOR THE FOMO!!!
I see it going all around and ONLY now there are some traders coming out calling for a short.
The whales are trying to liquidate all the retail plebs.
DON'T FALL FOR IT.
DO NOT OPEN ANY LONGS YET.
At least sit out until confirmation bouncing from support around 51k. If it breaks past 56k, which I highly doubt <...
2H timeframe showing early indicators of possible correction.
MACD, strong divergence, declining volume and squeeze indicator showing a good short set up on 2H timeframe.
Depending on risk management, may wait for 4H, and 6H confirmation.
Late confirmation will be breaking through the barrier at fib 1 (1942.71).
FOMO buy of Paypal Pump of 3/30 caused...