Hello fellow traders.
We have now reached the bottom of the RSI triangle, although we might have another touch and go, technically speaking this is the bottom. Will it extend to 14k or 17k, before we bounce up to 25k levels, doesn't really matter if we look at the macro. Low leverage trading is key when trying to find the bottom. It is always possible to compound buys to average a good bottom position for the long term.
Other than this, I'll keep it simple, this is a really long term projection and take it as such, just a projection.
May the fractals be with you!
-B
We have now reached the bottom of the RSI triangle, although we might have another touch and go, technically speaking this is the bottom. Will it extend to 14k or 17k, before we bounce up to 25k levels, doesn't really matter if we look at the macro. Low leverage trading is key when trying to find the bottom. It is always possible to compound buys to average a good bottom position for the long term.
Other than this, I'll keep it simple, this is a really long term projection and take it as such, just a projection.
May the fractals be with you!
-B
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Smaller time frames (1s-1day) will see some shake-off's and drops during the forming of the bottom, but in the macro view, (weekly and monthly) it's so calm and steady.
