Never Follow The Mass And Do The Opposite

Updated

Everyone became bearish again, why not?
Death cross between MA50 and MA200 on 4h chart, bad news,
every indicator looking terrible and everyone is expecting a target
around $7,000.
This is the best time to get bullish again. It works everyday everynight.
Never follow the mass, because they always lose.
Currently I am expecting a bounce around $8,000 to
$9,000/8,900 but mostly this should break $10,000 later to make everyone bullish again.
So one more reason to let the Elliot Wave trader believe they are right (Mostly they will jump in after breaking the ''big resistance of $10,000).

This is the market we know and I love this game!

Note

Everyone says that this won't go over $8,500 after the sweet $200 pump.
$10,000 we can come and fool the people.

Note

Everyone started talking about moons. Expecting one more ~5% drop to around $8,000

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Could be the bottom now, where people will think at $8,500 we are forming a bearish flag :)

Note

Can still break $8,000 before going up. The market decides.

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Guys don't let you fool. This is just a normal correction, which will look like that (chart below).
After daily close we should see some major movements upwards.

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Probably making something more complicated. But it is just a correction after an impulse nothing more.

MagicD1rk

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