This is not a major update, just a continuation of my last post from May 12, here you have the link to check it out
If you read my idea, I wrote:
-What's next? well I have a huge green Cypher pattern (a bullish one) so in my opinion, the price is still going down, 20k maybe remember bigger TF, slower moves and bigger time to do it. But BTC sometimes surprise us all.-
And guess what? BTC did it again. I mean the Cypher pattern was fully completed, from X to D and now we are in the accumulation season as usual. I am not surprised for this correction, the pattern was there and I hope you guys and girls got some nice profits by going short. However my ideas aren't taken seriously LOL
Please pay attention to my Fibonacci retracements for this huge green one, the first line of profits are in .236 retracement close to 30k and right to the powerful 150 EMA. The next one is .382 and so on.
The lack of confidence in BTC will delay this profits for a bit but they will come. If you are planning on buying BTC, please don't go ALL IN, there's no point on doing this, be careful and be conscious, we have learned that anything is written on crypto but, we have also learned that BTC is a survivor and a fighter.
If you need some training on harmonics I´ll be opening some trading classes and to get there, Is up to you guys
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.