mortonpeak

FOMO in today's rally, post bat-wing

COINBASE:BTCUSD   Bitcoin
Today had a big bat formation. Price is recovering, with these notes:
Change your projection to one minute, at the tick mark I circle, here.
Volume spikes, on a rising price. People want in on this rally, despite the extreme RSI.

Why, I ask? People feel that they missed a buy in, during today's plunge.

I have learned to love the backtrace, though today's decline took place along a smooth fib retrace. (To do later)

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.