Followers of the Shark and patient hands everywhere how are you all doing? Not too much has changed over the past couple weeks so there was no need to repeat the plan. Market sentiment seems to be getting worse and worse each week and most are now in the bearish camp. I like this. In the most clear way possible I have laid out the 2 trading ranges we will be stuck in for a season and possibly the entire summer as money redistributes and resets. We broke out of trading range 1 a few days ago and met heavy resistance on the top yellow line of the range. All we need to see here is a couple more higher lows as outlined (yellow half circles) for shorts to start loosing more confidence in their positions. These moments of slow tape and negative market sentiment is when you just keep stacking more longs and continue to be patient. Keep your emotions in check and stay off your account balances page. I outlined several weeks ago how BTC.D would start making its climb back to 50 we are moving along in that direction. I also outlined how you want to stay away from alts until fall time. I hope this advise has helped many of you. If you need a little Hope you can lean on the Shark. I have us charted to be inside trading range 2 and above 45k by July 1st. Hang in there everyone and stay with the Shark.
Comment:
Trading range still in tact. All is well relax, breath and go workout or something. July we start to climb