Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) You can check my indicators via my TradingView's Profile : @PRO_Indicators Kindly, Phil
Great video sir! Please do more. Can you please provide a list of indicators used in the video?
PRO_Indicators
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@RaoulHayes, Indicators used in the video are the one I've created : PRO Sinewave & PRO Momentum.
I'll of course make other videos in the future, not just on BTC... I'm a trader, and cryptos are interesting right now but they're clearly not the center of my attention !
PRO_Indicators
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@PRO_Indicators, You'll find the indicators link if you visit my TradingView profile and switch to my "scripts" tab
AliSh
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Ok after watching this video I am more confused. Bullish or bearish ?? lol
PRO_Indicators
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@AliSh, Just updated the scenario.. DON'T trade that price area.. too dangerous, better wait & see at that point
bitcoin
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I share the same ideas using the ABCDE, see my idea:
PRO_Indicators
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@bitcoin, I'll update in a few hours with a new idea. To me we're working around a Barrier triangle... So still bearish odds to me.
Acel
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@PRO_Indicators i think you should really remove that C from 1.618. You are scaring the crowd even more, they are already terrified by the Tether issue.
Currently wave C doesn't meet the requirements for being 1.618 and most likely it wont.
PRO_Indicators
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@Acel, Well it does fit the requirements.. have a look at the krash of Nasdaq on 2000 bubble.. very similar and we went down to such extensions. I'm not scarrying people... it's just risk... not saying this would happend... only it could.. Besides I don't really care what the "crowd" thinks... If we krash they'll be scared cause that's what's they're supposed to do in such conditions. Its hard to say.. but if this happens... I'll be taking their money...
Acel
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@PRO_Indicators, So are you implying that the bubble has burst? Are you for real...?
When it hit 9k people though that this is the bottom and time for reversal, now that it hits 10k again, people think that the bubble will burst. Survivor bias and emotions at its finest. Whats next? Pointing me out the bear market few years ago?
Yes, i know that it CAN get there, but with the CURRENT data, it doesn't meet the requirements. I knew it would dip, my personal worst was no less than 7k. I dont like "i told you so" people. When they are wrong they never admit it, but when they are right they dont miss the chance to tell you " i told you so".
Stay with your greed expecting to "take their money" at 3.5k but expect to pay double the price.