BITCOIN - Buy Fear

BTC

Fear ravages Cryptoland as Bitcoin slumps to a lower low.

And bearish projections are doing the rounds on Twitter etc.

But BTC has just hit the 1:1 Golden Window.

And there is bullish divergence on the 4H RSI

And it looks like it just broke down from a bullish fractal.

So this is probably a great dip buy here and in altcoins 👍.

Not advice

코멘트:

Dont forget to hit the "Boost" button if you enjoy this dip buy idea. Some great buys out there right now.

코멘트:

BTC

Back up and has made it across to the upper trendline of the bullish descending wedge.

And so that area below the wedge is a shakeout and now it would appear to be the value low.

From this we can see that use of fractals alone à la Pure Price Action who are fairly religious about not using other schools would have led to being shaken out or at least being temporarily underwater.

Whereas using basic Fibonacci to reveal a equidistant 3 wave 1:1 extension found us the exact low.

For a little while at least the trend is up ☝️.

코멘트:

This is what I do every day but I can only post some of it to TradingView with GREAT timing.

This one I gave to you right on the button with GREAT timing.

However MARA I gave to you as the downtrend was already in development and after Bitcoin miners had looked dicey for a quite a while (although no other TradingView publishers noticed the danger, they were all super bullish).

That one still has plenty of longevity I think, but timing is everything of course...

코멘트:

Did you enjoy this perfectly timed dip call with upper tier TA? If you did then don't be a slouch - hit the "Boost" button and more traders can view my output - thanks 👍