🔱 Bitcoin is behaving like a model student when it comes to the fork framework. 🔱
The first re-test at the white centerline, followed by a drop down to the red centerline, and then to the white lower median line parallel was already impressive. And the story isn’t over yet!
In the past days we’ve seen a re-test at the white L-MLH. Bitcoin failed to trade its way back into the fork. That leaves further price losses as the likely outcome.
The next targets are:
👉 the 1/4 level at around 76,000
👉 the white warning line at about 70K–72K
👉 the final move to the red L-MLH at around 60K
This decline would go hand in hand with continued sell-offs in the major indices like the Nasdaq and S&P 500. It would also support my previous post regarding a massive rise in TLT.
(props to coinwide for the heads-up!)
🚨 A hedge would be appropriate now, before the VIX ignites its rocket and option prices explode.
Wish you all the best out there!
The first re-test at the white centerline, followed by a drop down to the red centerline, and then to the white lower median line parallel was already impressive. And the story isn’t over yet!
In the past days we’ve seen a re-test at the white L-MLH. Bitcoin failed to trade its way back into the fork. That leaves further price losses as the likely outcome.
The next targets are:
👉 the 1/4 level at around 76,000
👉 the white warning line at about 70K–72K
👉 the final move to the red L-MLH at around 60K
This decline would go hand in hand with continued sell-offs in the major indices like the Nasdaq and S&P 500. It would also support my previous post regarding a massive rise in TLT.
(props to coinwide for the heads-up!)
🚨 A hedge would be appropriate now, before the VIX ignites its rocket and option prices explode.
Wish you all the best out there!
🔱 Follow The Fork 🔱
👉 Avoid subjectivity.
👉 Find multiple R Trades.
👉 Trade the Medianles aka Pitchfork Edge
👉 Avoid subjectivity.
👉 Find multiple R Trades.
👉 Trade the Medianles aka Pitchfork Edge
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
🔱 Follow The Fork 🔱
👉 Avoid subjectivity.
👉 Find multiple R Trades.
👉 Trade the Medianles aka Pitchfork Edge
👉 Avoid subjectivity.
👉 Find multiple R Trades.
👉 Trade the Medianles aka Pitchfork Edge
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.