Todays idea will be half serious and half dreamy.
Lets start with serious.
Today we got into , the last frontier. If we broke it, we`ll likely have an uptrend.
Also I realised my mistake, that the best tactic for this last days should be: open long with stop loss under the local support line or open appropriate trailing stop. This would be the most efficient way to wait while indicators draw the picture of market condition.
Perhaps, it`s still possible to do the same right now, placing stop loss under local support or under and wait in that position. But i`d prefer to wait until grafic will set above resistance. If so, then we will go to ~4750, where we will face new barrier.
Cant say, how bulls are greedy now and how far they can push us, but i`ll wait 400-600 $ fall from this resistence or from the next one, because logic says they have to get some rest. But maybe we have new participants that wants to buy all they see:)
Conslusion: logically it`s possible to see fall about 400-600 size from this or next resistance. It`s pertinent to have some risk and apply tactic above.
Now the funny part.
Here is my periodic system lol. Some says, that it`s impossible to make predictions, thinking that market could be sorted. But waves work sometimes too...
Picture is quite detailed, so i`ll tell about some moments. Usually this cycle repeats, like: |rise, fall, div , fall, rec, cor, rise|| rise, fall...| But wen "fall" appears after the last "rise", the sequence goes further like |rise, fall, div , fall, rec, cor, rise, fall, div , fall, rec, cor, rise...| Sequence works mirror for the downtrend.
Dont laugh, i just saw that and confirmed with three examples, so i posted this just to see the result.
However, i think that people should always seek for the new and dont be afraid of mistakes and mockery. Everything has a place in this world. The only important thing is that all this things and all your deeds dont harm anybody. Be free and take responsibility for your deeds, then you will live in harmony with yourself and with others, and this will bring you happiness:)
Sorry for spamming the text from below in every idea, but i really need this.
Im from Russia and im a student of a medical university. I got into crypto trading few months ago with the hype wave about Bitcoin . I tried my best to optimize all my resources to get some good results in TA and FA in the shortest time, and im going to learn more details to make my predictions accuracy near 90%, i believe it is possible. Also im going to publish intraday predictions soon. And i have a favor to ask: if my predictions help you in some way, please help me with any donation. My finansial statement doesnt allow me to start trading and have any profits. So i`d like to save up 500$ to make a deposit in bitcoin and buy tradingview pro pack. btc wallet 3Kf42NKeG7YLCJtxBGmEN79JWyyBdfqeAM. I`ll close the donation recieving after obtaining 500$ with report and screenshots. You can tell me the best way that i can show my balance to you so that you see im honest.
Thank you for attention.