Knowing the current BEARISH SENTIMENT that is vibrating amoung Crypto Traders I'm probably going to get lynched publishing this.
However, I have to tell it to you as I see it. My view remains Bullish (Medium Term ie several days out) and we are set to challenge the ATH (All Time High).
There is a good chance that we will break this Top if the momentum and buyers setup in with power.
Can we have a pullback? Yes, all healthy no drama there.
We have room for a pullback without affecting this analysis as we have had several green upbar days, so a few red bars are welcome
Needless to say if structure breaks then we need to reassess but Support and Resistance price areas I have shown so you got a RoadMap.
Reminder:
10. If you don't like my views eg If I think Bitcoin is going up and you think it is going down, then please do not abuse me just for having opposing view to you. Show us all your analysis, don't hide behind rude comments and alias name. Lack of analysis shows lack of knowledge and experience.
90% of traders are fooled 90% of the time.
Remeber in Trading101 School: "THE TREND IS YOUR FRIEND"
THE MONEY IS TO BE MADE TRADING WITH THE TREND NOT AGAINST IT.
Sean Vengan
Professional Trader and Trading Educator
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