On the front page of tradingview.com you’ve got Alex Honnold’s free solo of El Capitan. Childs play compared to the emotional control employed by the 10%.
As the market panics, the contrarians were shopping.
1) On the 2-day chart above the Bar chart chart pattern from January through April 2023 is taken and overlapped present day price action. Notice how the 2-day/50-day SMA acts as support in both instances?
2) The 2-day Fractal of the Gaussian channel (below). The previous correction is matched not only on the channel itself but also RSI and Stochastic RSI conditions.
Ww
2-day Gaussian channel support fractal
As the market panics, the contrarians were shopping.
1) On the 2-day chart above the Bar chart chart pattern from January through April 2023 is taken and overlapped present day price action. Notice how the 2-day/50-day SMA acts as support in both instances?
2) The 2-day Fractal of the Gaussian channel (below). The previous correction is matched not only on the channel itself but also RSI and Stochastic RSI conditions.
Ww
2-day Gaussian channel support fractal
Comment:
This trade becomes active WHEN the weekly candle closes above 40k. That is this Sunday.
Trade active:
Not only did price action close the weekly candle above 40k, it did so with strong demand.
Short sellers beware!
Weekly close
Short sellers beware!
Weekly close
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: www.patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: www.patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR