If the pattern looks like this,
yeah, the larger trend looks exactly the same (& the market should decline dramatically)
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Target 1= $ 38300 (29 Dec 2023)Note
Trader asked:< where is your stop loss, sir? >
My reply:
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a more nuanced pictureNote
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Target = at least the 38.2% retracement of wave threeS&P500
BTC
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Boring!You always have that one or two candles where you don't know where the hell it goes.
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market is as market doesNote
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Expanded Flat - Wave A (wave C)Note
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Update:Reuters 6 Jan 2024
" described as "minor" changes "
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Update:What happens if bitcoin ETF is approved?
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do you remember? (Jan 5 Comment, Wave B = 123.6 of wave A)BTC > $ 47255 ----> extremely bullish
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The guardian: Thu 11 Jan 2024(9:00 PM · Jan 9 2024) initial SEC tweet ----> panic buying
(9:26 PM · Jan 9 2024) Gary Gensler: bitcoin ETFs not yet approved -----> panic selling
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(WHO, WHY)There is a little question unanswered between us:
WHO hacked SEC twitter account?
& a very basic question:
SEC accused by X of not using two-factor authentication after errant tweet, WHY?
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Mark my words:"Grayscale" spelled backwards is "Luna Foundation"
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"Cascading failures", what you don't learn at school about the failureNote
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Vol= 2.68k ( swing from high-pressure (selling) to low-pressure (selling))Note
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short-termNote
wave CNote
from here 2 scenarios can developNote
very good :)Note
$43882Trade closed manually
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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.