Hi traders,
I have been explaining how to look at the structure for Bitcoin for a while now. I hope you see the value in reading structure because we have been on top of this before the big sell off started and now again before the bullish reversal started (see previous low below). Some of the calls might have been controversial but that is because I ignore noise and therefore 'opinions'.
Right now I am only looking for buy's, due to the fact that we took out the previous long term low there is the potential of a long term bull run making new all time highs. However there is also still the possibility that this current pattern extends lower once again. THEREFORE: I am 'only' looking for buy continuation trades until things change for the simple reason that this has the highest probability for now.
My next target for the buy's is: 11750'ish'.
Please have a look at my previous post below for context
I have been explaining how to look at the structure for Bitcoin for a while now. I hope you see the value in reading structure because we have been on top of this before the big sell off started and now again before the bullish reversal started (see previous low below). Some of the calls might have been controversial but that is because I ignore noise and therefore 'opinions'.
Right now I am only looking for buy's, due to the fact that we took out the previous long term low there is the potential of a long term bull run making new all time highs. However there is also still the possibility that this current pattern extends lower once again. THEREFORE: I am 'only' looking for buy continuation trades until things change for the simple reason that this has the highest probability for now.
My next target for the buy's is: 11750'ish'.
Please have a look at my previous post below for context
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