I'm sharing this primarily to save this particular chart and see how well this chart will react with price. At the same time, a great potential short opportunity is on the way.
With the recent move up in January and the latest FOMC pump now exhausting our upward momentum for a bear market rally, we should see a retracement or return to 21800, or even 20k.
And yes, I said bear market rally. I am not convinced BTC is ready for a new bull run just yet.
I am using 1/2 and 1/3 angles based on the initial price impulse (blue line) and converting price retracements to TIME retracements (vertical lines) in order not only determine WHERE trade opportunities may lie, but also WHEN.
Remember, the best entries are not only when price is at a support or resistance level, but when price is ALSO squared with time.
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.