BTC - Enough Pullback

Analysis:

- Fibonacci
- Support & Resistance
- Trend Line
- Supply & Demand

T1: Target 1
T2: Target 2

Rocket Ship: Up Up & Away!

Opinion:

We will get a nice bounce off the demand zone and start an aggressive push upwards

Most of retail is selling which is a mistake

Comment:

What most do not understand about my strategy is that I am a REVERSAL trader

I have called many tops and bottoms and caught them all

Have I been wrong sometimes? Absolutely and I freely admit that

But I have been more right than wrong and that is why I continue to succeed

Trading is not about being perfect

Trading is about winning more than losing

Trading is about analyzing correctly more than incorrectly

Remember the majority are usually WRONG

So it might be a good idea to consider going against the majority

If everyone is selling who do you think is buying?

Comment:

Up up and away ;)

I am OKAY with them retesting the zone AGAIN

That means we can drop back to 24-25k zone

I would actually prefer another retest ironically

Hope you are ACCUMULATING

Comment:

Nice push off the demand zone

Word of advice is to not chase price right now

Buying right now is a bad idea

Remember the pullback always comes so wait and let price pullback first before looking for buys

IF you do sell dont get attached as the momentum is UP

Comment:

Expecting sideways action or a small pullback into the fib levels

From there I will be looking to add to my position

Comment:

Looks like I was spot on with this one!

Price falling back into my fib levels is exactly what I was waiting for!

Remember we dont buy on bullish movements....we sell!

I took minor profit on some of my alt positions knowing BTC was due for a pullback

I will be looking to rebuy once BTC hits into my buy zones

Don't listen to the bears...they are on the wrong side of the market as usual

Pay attention to how SMALL this pullback will be compared to the RISE