We're going down, im yelling TIMBER haha
I try to crack jokes as price goes down because I know most traders are getting emotional
so now for the real update :)
It looks like my buy zone will be reached in a couple more days
Those who have been following me know that my charts take DAYS/WEEKS to play out
So the in between really doesn't matter to me unless they completely invalidate my chart which by the looks of shiba they have not...
Price has been in a steady down climb since ATH why? because this is the *current* real directional move
This is why bulls/longs have been getting REKT...
They think their support levels are going to hold not realizing we are in corrective mode
Theres a reason i use the fib on most of my charts and that because its a measured move
We all know crypto loves do to 30% 40% 50%+ corrections so my fib settings account for that...especially once we reach the EQ at 50% then they really move into the entry levels
The key to successful trading is seeing the move BEFORE it happens not during...
You dont need to predict the future you just need to read price action correctly
When you read price it tells a story and those who decipher that story correctly make the big bucks...
So the misinformed traders who trade the 1 minute and 5 minute charts really need to stop criticizing higher time frame analysis
What you think is a pump isn't and what you think is a dump isn't...
The ONLY time frame the big boys use is the DAILY chart fyi...
So as usual I will continue to waiting for price to COME TO ME...i never chase price
And as usual those who had the most to say in the beginning of me posting my chart almost 3 weeks ago will have NOTHING to say when price does what i know it will do
I didn't get to 6 years of trading experience and trading full time for the last 3 years without knowing what I am doing...
This is nothing new for me just another day/chart/opportunity to make money
For the haters out there realize hating/trolling doesn't pay
Redirect that energy into your OWN trading cause Ive silenced many people who came to my page talking on some of my charts...they had nothing to say once the chart played out :)
So i will do another update soon but not much to update price is headed down to my buy zone and i am ready with cash waiting for the right entry...