A big cross is about to happen.
I have seen this play out over and over. Crypto twitter is neutral, then nearing a bearish cross, the opposite move happens making crypto twitter happy and monkeys fomoing.
A breakout scenario is played, but resists at the resistance (logical, right?), so the average dumb trader buys the fibonacci retracement dip thinking it's going to do a bullish impulsive wave C.
The most likely scenario would be for it to go down.
Best retards,
I have seen this play out over and over. Crypto twitter is neutral, then nearing a bearish cross, the opposite move happens making crypto twitter happy and monkeys fomoing.
A breakout scenario is played, but resists at the resistance (logical, right?), so the average dumb trader buys the fibonacci retracement dip thinking it's going to do a bullish impulsive wave C.
The most likely scenario would be for it to go down.
Best retards,
Note
My scenario is happening quite faster than I imagined.Note
okayyyy that's too much buying power, might not happenbut I got the long part correctly at least
I'm cautious now
Note
8500 is definitely a good retracement level regardless if it's a bull or bear scenarioNote
I m so damn good sometimesTrade fermée: cible de profit atteinte
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.