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shakeout ahead

5 657

If the pattern looks like this,
yeah, the larger trend looks exactly the same (& the market should decline dramatically)
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Target 1= $ 38300 (29 Dec 2023)

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Trader asked:

< where is your stop loss, sir? >

My reply:

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a more nuanced picture

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Target = at least the 38.2% retracement of wave three

S&P500
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BTC
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Boring!

You always have that one or two candles where you don't know where the hell it goes.

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market is as market does

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Expanded Flat - Wave A (wave C)

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Update:

Reuters 6 Jan 2024

" described as "minor" changes "

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Update:

What happens if bitcoin ETF is approved?

Reuters: SEC only asking for "minor" changes!
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do you remember? (Jan 5 Comment, Wave B = 123.6 of wave A)

BTC > $ 47255 ----> extremely bullish

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The guardian: Thu 11 Jan 2024

(9:00 PM · Jan 9 2024) initial SEC tweet ----> panic buying

(9:26 PM · Jan 9 2024) Gary Gensler: bitcoin ETFs not yet approved -----> panic selling


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(WHO, WHY)

There is a little question unanswered between us:

WHO hacked SEC twitter account?

& a very basic question:

SEC accused by X of not using two-factor authentication after errant tweet, WHY?
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Mark my words:

"Grayscale" spelled backwards is "Luna Foundation"
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"Cascading failures", what you don't learn at school about the failure

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Vol= 2.68k ( swing from high-pressure (selling) to low-pressure (selling))


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short-term

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wave C

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from here 2 scenarios can develop

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very good :)

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$43882

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Trade fermée manuellement
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BTC-XLM
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BTCBTCBUSDBTCUSDBTCUSDTChart PatternsTrend AnalysisWave Analysis
BTC-XLM
Aussi sur:

Publications connexes

Clause de non-responsabilité

Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.