BTC Remains in what is likely an ABC corrective pattern.
We know that corrective patters are difficult to trade for
both bulls and bears and here we see the strong whiplash
movements on the 1hr. We are at a finality of the pattern very
likely. Caution is warranted on the bullish side.
We should look for a strong move down for confirmation the pattern
is finished. We also can expect a new lower low since early summer 23.'
Good luck everyone.
We know that corrective patters are difficult to trade for
both bulls and bears and here we see the strong whiplash
movements on the 1hr. We are at a finality of the pattern very
likely. Caution is warranted on the bullish side.
We should look for a strong move down for confirmation the pattern
is finished. We also can expect a new lower low since early summer 23.'
Good luck everyone.
Comment:
Moon boys are back, even though BTC has done nothing but go sideways for 4 months, they are calling for BTC 60k AGAIN! So crazy this society, so many fakes, so many scams. Do not fall for these scammers!. Notice my analysis is not all doom and gloom and when I see a bullish set up I chart it some times posting it here on TV. I did this at the onset of summer and correctly called for a BTC move up. I am a trader not a pumper, not a scammer, I don't care what markets do, I care about my analysis being right, not pumping.