While people are thinking that we are going to the moon , we could go to 12k and still come down.
do not fomo in , this will come down sooner or later, this is not the bullrun ...
the major confluence showed in previous charts basically indicated this pump.
what comes up must come down.
do not fomo in , this will come down sooner or later, this is not the bullrun ...
the major confluence showed in previous charts basically indicated this pump.
what comes up must come down.
Note
went straight through the lower time frame fib circles , straight up to big blue fib circleNote
we have bounced off the blue fib , and settled around green fib channel , we could ride down blue fib circle , or go through towards yellow fibNote
Watch how price respected the lines drawn on charts !We bounced off orange fib line , then broke out for rally
Then got caught in triangle between big blue fib circle and green fib channel , broke blue line and rallied again headed towards big yellow fib circle !
Note
Perfect bounce off the yellow fib , it looks like the red bar patterns drawn will play out as shown , notice how prices respects all lines !!!Note
we are approaching yellow fib again watch out for next big move upside target 12100
downside target 10700
Note
12100 reached ,we ll bounce off the white circle most probably.
if we break it we r going up to 13100
Note
Price is still scared of bigwhite !but sooner or later u will have to entangle yourself with it
look what happened last time we touched bigwhite
Note
getting closeNote
We are there finally , big white fib circle ,If we break 12500, we r going higher Most likely we will bounce to downside
Note
watch out , watch out !!Note
WE CROSSED WHITE FIB AND MAJOR MOVE UPNote
next target i think 13100 and then correctionNote
bullrun cancelled hahahNote
we broke white fib , move up , now we coming down for retestNote
retest of big white happened as predicted we r continuing to follow alongNote
as you can all see now , crossing big white fib circle started the down trend !also we can see that the red and green patterns have the same shape as price action.
to me next target is around 8000 , now we are in full blown " second wave"
Brace yourselves !!
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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.