A big cross is about to happen.
I have seen this play out over and over. Crypto twitter is neutral, then nearing a bearish cross, the opposite move happens making crypto twitter happy and monkeys fomoing.
A breakout scenario is played, but resists at the resistance (logical, right?), so the average dumb trader buys the fibonacci retracement dip thinking it's going to do a bullish impulsive wave C.
The most likely scenario would be for it to go down.
Best retards,
I have seen this play out over and over. Crypto twitter is neutral, then nearing a bearish cross, the opposite move happens making crypto twitter happy and monkeys fomoing.
A breakout scenario is played, but resists at the resistance (logical, right?), so the average dumb trader buys the fibonacci retracement dip thinking it's going to do a bullish impulsive wave C.
The most likely scenario would be for it to go down.
Best retards,
Nota
My scenario is happening quite faster than I imagined.Nota
okayyyy that's too much buying power, might not happenbut I got the long part correctly at least
I'm cautious now
Nota
8500 is definitely a good retracement level regardless if it's a bull or bear scenarioNota
I m so damn good sometimesOperación cerrada: objetivo alcanzado
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Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.