Good morning Traders, we are sad to see this bloodbath among young traders, the typical mistake is not to have a correct strategy and the presumption of not having to think about a potential stop loss in case there is something wrong with the setup. But this is the market! Who wins takes all of those who lose ... That said, the trend is bearish on the intraday chart and the pair is working a bearish impulsive structure (i-ii-iii-iv-v), and only breakout resistance could trigger a beautiful bullish rally. You know well, we have been bears for a long time, but despite this, we hope to see some technical rebound and see some bulls return to smile .... From a technical point of view, the pair should set new lows during the next trading sessions.
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Great to see some compassion for those others not having success. We do not wish loss for anyone. We just teach them to make better decisions in the future. Much respect to you.
CryptoSwindle
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Well said, thanks for the update, glad to see you back my friend :-)
cryptomizer
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So we are heading towards "V" What do u think is the next move? Sa me vector as on your previous BTC chart - going Towards 3.5k?
Thank you for the update !
cryptomizer
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@cryptomizer, Unless we see good bounce with confirming volume
sumastardon
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Bitcoin is back in the hands of the bulls now...
soonnokta
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thx for update. signalswiss
samiswilf
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uhh... what happened to your prediction that bitcoin would drop to 3k? That's not gone is it?
samiswilf
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@samiswilf, nevermind I see the array pointing downward
semasters
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Can you please identify where mathmatically the precise Wave (1) resistance number of 56588.36 came from?