Recap: Price eventually broke out of the previous analysis’ Decision 1 but did not reach Green 1 by $55. It then dropped all the way through Red 1 and is now consolidating around that Decision 2. Money Man was compelled to write an update at 32 800 (which he never does – he rather writes a new analysis but saw some unexpectedly large selling forming and put out a warning). Unfortunately, only 3 followers checked the analysis update around that price. This is not trying to say "I told you so", only explaining what happened. Also, that he did not see how bad that sell pressure would get.
Hermes (the Greek God) is stuffing his pockets, but with what? Is it Dollars or Bitcoin? What we can say he most probably did was first bought ETH, then BTC with his ETH and then sold back into Dollars.
Conclusion: What to do now? The Stoics would say you should focus on what you can control. Think of the options you have and act calmly calculated. The best thinking is done before something happens. Remember: Especially in high volatility: No guarantees, only probabilities. Very Important to me: Please like if you appreciate the effort, Please comment and develop this further and Please follow if you see this analysis thread going somewhere you would like to know about.
Hermes (the Greek God) is stuffing his pockets, but with what? Is it Dollars or Bitcoin? What we can say he most probably did was first bought ETH, then BTC with his ETH and then sold back into Dollars.
Conclusion: What to do now? The Stoics would say you should focus on what you can control. Think of the options you have and act calmly calculated. The best thinking is done before something happens. Remember: Especially in high volatility: No guarantees, only probabilities. Very Important to me: Please like if you appreciate the effort, Please comment and develop this further and Please follow if you see this analysis thread going somewhere you would like to know about.
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