No fancy words here, but just something real. That BTCUSD is now targeting 5580-6000. A correction is expected on that red zone. Remember nothing is for sure here. The easy job is to follow the trend .
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Trade geschlossen: Ziel wurde erreicht
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red zone hit again.
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support appear but need more time to confirm this is a real support.
Do you think i will bounce from support zone ? I'm thinking of placing a buy order at 5650.
josephtse
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YOU'RE THE BEST. Thanks for being a crystal ball for bitcoin. 5600 here we come. But you miscalculated ETH at first and didn't realize it was an overthrow. In fluid dynamics, this is called the "teardrop" theory. Where within the crashing waves (waves = moving averages, living water, etc), there is a "hump" where the undercurrent pushes up and around (similar to gamma lag or moving average aftereffect), but only briefly. Same thing in air flow dynamics, same concept. The hump occurs when air tries to go around an object, but that "hump" doesn't last long, as you can see the overthrow on ETH quickly slammed down almost 50%. See example here: en.wikipedia.org/wiki/Fluid_dynamics
fotifoti
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Can it make a peak Before 5000
MrNarmerkTheSacredGeometer
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do you think it will go back down once it hits the 9k area ?
Oh Damn if that happened,Thanks Vera you one of the best
thesilverbullet
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resistance now
earthling
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Fantastic call ! I have been admiring your trades, wonderful job keeping the TA clean, and I appreciate so much how you follow-up to complete the trade. Thank you!