good evening o/
firstly, i'd like to just say; i've shared all the bear cases i could think of,
and while they might look appealing to some - they don't look that appealing to me.
i share tons of scenarios, even the ones i am not that big a fan of.
why?
because the market isn't linear, and i like to be prepared for every possible outcome.
most people just buy and hold things<
<i'm in cash 95% of the time.
all of my trades are short term scalps (in either direction).
ask any single person how much they made since btc topped out back in november;
then ask me 🥂.
----
i saw this correction coming before it even topped out.
people called me absolutely ridiculous for even considering the idea of btc dropping back down to 30k,
but i stuck to it, and we've come a really long way.
no hard feelings to all the bag holders,
but i'm not about that kind of lifestyle.
----
----
----
last night i shared a chart on the dxy,
check it out if you haven't yet:
that dxy chart is the reason why i believe that a bottom could be looming right around the corner,
(in the next 1-2 weeks in the overall markets).
it rhymes beautifully with the spx500 as well:
add the current level of fear into this equation,
and we got a perfect storm for a massive bull run on the horizon.
----
the majority of the market is absolutely bearish right now.
the majority of the market is also wrong 95% of the time.
people get emotionally attached to ideas,
which in turn makes them lose moneys.
i have 0 attachment in this market, 0 bias.
all my trades are based off the chart patterns that are presented to me on a daily.
i might not be right every single time, but it's not about being right - it's about risk management.
----
----
----
if my theory for the dxy holds true,
there's a good chance bitcoin runs to $100k+ in the year ahead,
there's also a really good chance the spx500 runs to $5750 during the same time.
----
the trade here is simple;
if btc manages to stay above $32918.7 (stop loss below)
the triangle idea will become a reality,
and all the brave souls buying into this fear,
will be rewarded big time.
🥂
ps. i always go with the unpopular opinion.
ps2. it's fine if btc goes below the bottom trendline(don't panic), so long as it stays above 32.9k, we are good 💰.
firstly, i'd like to just say; i've shared all the bear cases i could think of,
and while they might look appealing to some - they don't look that appealing to me.
i share tons of scenarios, even the ones i am not that big a fan of.
why?
because the market isn't linear, and i like to be prepared for every possible outcome.
most people just buy and hold things<
<i'm in cash 95% of the time.
all of my trades are short term scalps (in either direction).
ask any single person how much they made since btc topped out back in november;
then ask me 🥂.
----
i saw this correction coming before it even topped out.
people called me absolutely ridiculous for even considering the idea of btc dropping back down to 30k,
but i stuck to it, and we've come a really long way.
no hard feelings to all the bag holders,
but i'm not about that kind of lifestyle.
----
----
----
last night i shared a chart on the dxy,
check it out if you haven't yet:
that dxy chart is the reason why i believe that a bottom could be looming right around the corner,
(in the next 1-2 weeks in the overall markets).
it rhymes beautifully with the spx500 as well:
add the current level of fear into this equation,
and we got a perfect storm for a massive bull run on the horizon.
----
the majority of the market is absolutely bearish right now.
the majority of the market is also wrong 95% of the time.
people get emotionally attached to ideas,
which in turn makes them lose moneys.
i have 0 attachment in this market, 0 bias.
all my trades are based off the chart patterns that are presented to me on a daily.
i might not be right every single time, but it's not about being right - it's about risk management.
----
----
----
if my theory for the dxy holds true,
there's a good chance bitcoin runs to $100k+ in the year ahead,
there's also a really good chance the spx500 runs to $5750 during the same time.
----
the trade here is simple;
if btc manages to stay above $32918.7 (stop loss below)
the triangle idea will become a reality,
and all the brave souls buying into this fear,
will be rewarded big time.
🥂
ps. i always go with the unpopular opinion.
ps2. it's fine if btc goes below the bottom trendline(don't panic), so long as it stays above 32.9k, we are good 💰.
Заметка
In a worst case scenario;btc could raid the low for liquidity, and give us an expanded flat.
this would be somewhat of a nightmare scenario, considering how deep it could go before it reverses; but it happened plenty of times in the past. 2019 was a really great example of this exact move.
be ready for anything, but make sure you got an exit plan, just in case things don't go as planned 🤝
Заметка
full theory via: youtube.com/watch?v=sj8ot35BaKg
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Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.