Guys! Refer to my previous post.
I have mentioned there will be a bounce and it did based on 1D Renko T500 and I have long BTC at 25.9k and ADA at 0.35. For now, I still see a little upside to the 30k to 31k region or more than 31k is possible. However, I also mentioned that the absolute best buy is when the weekly T1250 stoch RSI bottom. Honestly, now I am waiting for short but I will wait till Renko T500 (1D) stoch rsi close to the overbought region.
The downside risk here for intermediate-term and long-term is that T1250 Renko stoch rsi momentum is pointing downside. So I see another leg down to the downside is highly likely 1 or 2 months' time or maybe earlier. I will be keeping you updated. I have experienced before that I do not want to mess around with Renko weekly. 1 brick down means, the price is down by more than $1k in price.
My previous post on the short-term bounce:
I have mentioned there will be a bounce and it did based on 1D Renko T500 and I have long BTC at 25.9k and ADA at 0.35. For now, I still see a little upside to the 30k to 31k region or more than 31k is possible. However, I also mentioned that the absolute best buy is when the weekly T1250 stoch RSI bottom. Honestly, now I am waiting for short but I will wait till Renko T500 (1D) stoch rsi close to the overbought region.
The downside risk here for intermediate-term and long-term is that T1250 Renko stoch rsi momentum is pointing downside. So I see another leg down to the downside is highly likely 1 or 2 months' time or maybe earlier. I will be keeping you updated. I have experienced before that I do not want to mess around with Renko weekly. 1 brick down means, the price is down by more than $1k in price.
My previous post on the short-term bounce:
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As I mentioned in this post, I no dare to mess around with weekly renko T1250. It is so painful. Thanks God, I avoided this dump
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Tell me my prediction sucks ^^ don't tell me I didn't remind you
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I said I didn't want to mess around with Renko weekly brick side, the dump was serious