Leveraged longs above $20,000 will be liquidated (q1 2021) fear
This will be my last post until January 1st, 2021 👍
I'm getting toppish vibes, we're WAY too over extended imo and leveraged longs will be liquidated on the next major pull back (could be -30-70%) Everything you need to know about the htf (macro) BTCUSD ( bitcoin ) chart is right here with visuals all over. I wasn't going to share this alpha but decided to share with the trading/crypto community as it's very clear the fomo levels are high. Psychologically it makes sense for the markets to top out around $30,000 USD (key psychological resistance level on the brain). Oscillators have been showing overbought since before $20,000, and this can't keep going up forever without properly testing the previous fundamentals to ensure the stability/fundamentals are either strong or weak.
Plan your trade and trade your plan, replication and consistency, stay loyal to your logical thinking process, understand/learn how to properly read market structure (your TA), have confidence in your TA (as well as confluence) consistent trial and error on losses)
My birthday is January 1st (new years) so i'm going to enjoy my birthday and start posting again first thing January 2nd, 2021.
Happy early new years to each and every one of you, 2021 should be a great year for crypto.
I'm getting toppish vibes, we're WAY too over extended imo and leveraged longs will be liquidated on the next major pull back (could be -30-70%) Everything you need to know about the htf (macro) BTCUSD ( bitcoin ) chart is right here with visuals all over. I wasn't going to share this alpha but decided to share with the trading/crypto community as it's very clear the fomo levels are high. Psychologically it makes sense for the markets to top out around $30,000 USD (key psychological resistance level on the brain). Oscillators have been showing overbought since before $20,000, and this can't keep going up forever without properly testing the previous fundamentals to ensure the stability/fundamentals are either strong or weak.
Plan your trade and trade your plan, replication and consistency, stay loyal to your logical thinking process, understand/learn how to properly read market structure (your TA), have confidence in your TA (as well as confluence) consistent trial and error on losses)
My birthday is January 1st (new years) so i'm going to enjoy my birthday and start posting again first thing January 2nd, 2021.
Happy early new years to each and every one of you, 2021 should be a great year for crypto.
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