BitcoinShort
Euphoria You Think?
chart shows each wave correction PPO on bottom of chart, labeled 1, 2, 3 for how many bottoms each eave has in correction. Notice the last 3 have 2, 3, and 3 for the final bottom. Also notice the amount of bearish divergence of current wave which neither of the other waves had. So based on last 3 waves we have at least 1 and possibly 2 more bottoms below 3k before its over. I'm sorry, I would love more than anything to go long and watch it ride to the moon, but in my opinion, its about to get a lot worse. If I'm wrong then Im wrong, it wouldn't be the 1st time I missed out on money. Doesn't bother me 1 bit except for the 1st night. I just can't go long no matter what analysis I do.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.