After failing to break another retest it necessary for us to cross in order to get to the next main resistance zone... that is 13.8K.
As it stands from last night we had two directions: down to 8.2K or up to 10.6K
The very fact that we pivoted downwards is actually perhaps phenomenal news as Upon zooming out on a much larger scale throughout the past quarter and a half to 2 Qs; we’ve retraced higher highs with each parabolic run (including the last one) so imagine the tea kettle is near boiled and about to blow as All whales prepare to make their entries and take the position that will evidently lead us to the golden 11.8K number (which will be the deciding factor and IMHO the true start of this bullrun) and once we get there It may very well be too late to be able to purchase BTC or dozens of undervalued alts so strike now while the iron is hot!
Targets for TP exits are listed as green horizontals with S1/R2 lines as yellow and ofc most importantly the red Horizontal; the stop loss.
Disclaimer
Not financial advise.
As it stands from last night we had two directions: down to 8.2K or up to 10.6K
The very fact that we pivoted downwards is actually perhaps phenomenal news as Upon zooming out on a much larger scale throughout the past quarter and a half to 2 Qs; we’ve retraced higher highs with each parabolic run (including the last one) so imagine the tea kettle is near boiled and about to blow as All whales prepare to make their entries and take the position that will evidently lead us to the golden 11.8K number (which will be the deciding factor and IMHO the true start of this bullrun) and once we get there It may very well be too late to be able to purchase BTC or dozens of undervalued alts so strike now while the iron is hot!
Targets for TP exits are listed as green horizontals with S1/R2 lines as yellow and ofc most importantly the red Horizontal; the stop loss.
Disclaimer
Not financial advise.
