good afternoon peoples,
talked about this scenario in my video from yesterday, but we've made a slight diversion overnight.
labeling this diversion as a wave X, which is pretty much a failed impulse.
now it doesn't have to fail, and it's possible that the bottom is indeed in, and we're going to begin the highly anticipated move up from here to that 57~60k region, but something tells me there's going to be one final shake out before this can take place.
---
taking a long down here in the local golden zone with a 1% stop is my plan for this setup.
only looking to take this up to about $48,500 before re-assessing my plan.
if it looks good for continued upside, i'll hold on & ride this up as high as it's willing to go.
---
full moon on the 18th + winter solstice next week are extremely bullish for crypto, but there's still time before we get there; which is why i think this little move up here will be short lived, and it will be sold off into like there's no tomorrow.
stop loss is your friend, once we start moving up, move them stops up as we go.
best of luck !
💸
talked about this scenario in my video from yesterday, but we've made a slight diversion overnight.
labeling this diversion as a wave X, which is pretty much a failed impulse.
now it doesn't have to fail, and it's possible that the bottom is indeed in, and we're going to begin the highly anticipated move up from here to that 57~60k region, but something tells me there's going to be one final shake out before this can take place.
---
taking a long down here in the local golden zone with a 1% stop is my plan for this setup.
only looking to take this up to about $48,500 before re-assessing my plan.
if it looks good for continued upside, i'll hold on & ride this up as high as it's willing to go.
---
full moon on the 18th + winter solstice next week are extremely bullish for crypto, but there's still time before we get there; which is why i think this little move up here will be short lived, and it will be sold off into like there's no tomorrow.
stop loss is your friend, once we start moving up, move them stops up as we go.
best of luck !
💸
Ghi chú
If we push through my level, these are the take profits - with 50k being the most significant.this would also indicate that the bottom is in. not saying that it is yet, but if it is, you know what to do 👇
Ghi chú
i'm on pretty high leverage, so im closing out 1\4 of my position here to cover the trade. rest is free.Ghi chú
if it rejects here we will confirm that we are indeed still in a correction, and we will indeed see a flush out of longs into the full moon Ghi chú
if we get to yellow, all drinks on meGhi chú
I'm going to stick to the plan. the market does a great job at deceiving us with these marvelous looking moves, but i'm not falling for it (yet).Take profit at 48,700
Đóng lệnh: đạt mục tiêu
short order in at 48,914only using portion of profits from this long
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Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.