UPDATE " REJECTION FROM THE GOLDEN FIB AND TOWARDS 100K *
Hello Traders,
Hope you guys are doing so well. I just wanted to give you an update about my Fib retracement prediction. We had rejection from golden fib level. But now we are continuing to shift towards the upper side between $50-55k. It feels so good to be bullish right now. But
The time has come for the bears to defend the last region after golden cross. And we also have our Jackson Hole conference coming up. So i remind you if the outcome of that conference is taper or anything related to inflation the bulls are gonna breakthrough that last barrier.
BUT
If the outcome is deflation then expect a crash to 200wSMA and then we see we either hold or crash below it. I expect the latter outcome but we might move from then $44-42k to $100k
Also ETH looks so solid than BTC so get there if you want more profits
Till then happy trading bulls and bears.
Yours sincerely
Dante
Hope you guys are doing so well. I just wanted to give you an update about my Fib retracement prediction. We had rejection from golden fib level. But now we are continuing to shift towards the upper side between $50-55k. It feels so good to be bullish right now. But
The time has come for the bears to defend the last region after golden cross. And we also have our Jackson Hole conference coming up. So i remind you if the outcome of that conference is taper or anything related to inflation the bulls are gonna breakthrough that last barrier.
BUT
If the outcome is deflation then expect a crash to 200wSMA and then we see we either hold or crash below it. I expect the latter outcome but we might move from then $44-42k to $100k
Also ETH looks so solid than BTC so get there if you want more profits
Till then happy trading bulls and bears.
Yours sincerely
Dante