Bear-market-rally
Possible BTC PathHello guys. This is my first idea. Ive been keeping this to my self for a while and it's been playing out so I taught to share.
If BTC breaks below that triangle , which has a support around $30,000 we are likely going to $26k
Once we loose that $22,496
I lean more on the bearish part of the whole market trend as we are somewhere around complacency on the market chat cycle.
I'm being cautious as this was how 2017 /2018 bear started and everybody taught they were buying cheap..
SPY ShortG9er, Double Top, Rising Wedge, Bear Market Rally, Fib 61.8, Super Guppy Trend...
Enjoy......
Currently in SPY puts for June / Sep
Targeting 264
246
217
180
Possible that we ignore all TA and continue to hold levels regardless of this outlook. Just looking at this as a possible short scenario. Good luck to all