You remember that Shiff Pitchfork? Yeah that's STILL in play!
Same Shiff Pitchfork as posted earlier in my Idea linked below is still dedicating the short term swings correcting last week's 43% pump.
Hey guys, let's agree at least that this pump was worth its money, even if we retrace 50% in a few days. I mean come'on guys, I have been trading Bitcoin since 2016 and this is completely out of the ordinary. In fact, at this point we know it was the biggest pump in less than 24h since the 10th of May 2011 (and it didn't even take 12 hours to fully complete the first impulse wave). This is the third biggest pump in Bitcoin history, one we have been waiting on for more than 8 years, that should be celebrated!
For the bulls out there that missed the first run, I hope you picked some up at 8.9 when it perfectly hit the 0.5 FIB line, I was too late to do so, and am waiting to get in at the 0.618 lining up for the next big move.
Here you can see the opportunities you had to make money during the correction on that move, I hope you didn't miss all of them!
PS: Since I am short term short and mid + long term long, I do not have the balls to set the Strategy at short right now. I am also not advising anyone to take the short right now, unless you know what you're doing!
Hey guys, let's agree at least that this pump was worth its money, even if we retrace 50% in a few days. I mean come'on guys, I have been trading Bitcoin since 2016 and this is completely out of the ordinary. In fact, at this point we know it was the biggest pump in less than 24h since the 10th of May 2011 (and it didn't even take 12 hours to fully complete the first impulse wave). This is the third biggest pump in Bitcoin history, one we have been waiting on for more than 8 years, that should be celebrated!
For the bulls out there that missed the first run, I hope you picked some up at 8.9 when it perfectly hit the 0.5 FIB line, I was too late to do so, and am waiting to get in at the 0.618 lining up for the next big move.
Here you can see the opportunities you had to make money during the correction on that move, I hope you didn't miss all of them!
PS: Since I am short term short and mid + long term long, I do not have the balls to set the Strategy at short right now. I am also not advising anyone to take the short right now, unless you know what you're doing!
Comment:
0.618 hit to the tick, like I told everyone weeks ago. :-)
We could become bullish from 9.3k instead of 8.5k