Bsc Ethz
Zurich, Switzerland
Joined August 2022
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After the bullish run up to ~72k , we are in this rising bearish channel. A break below this channel could lead to a larger correction or just a prolonged sideways movement. High probability of a breakdown due to the M formation and bearish divergence on the daily chart.
Btc 4h: From a TA point of view, these are the two possible scenarios I consider. I‘ll be honest right away and say that I dont know what will happen. But I‘ll be prepared for both cases.
We are still at the support of the bearish canal. We‘re forming a triangle that comes from a bearish movement. Since this is a continuation pattern it suggests further down movement
From a more bullish point of view, we are still above/in the golden pocket. If the latter bearish movement is a retrace, we can expect bullish movement in the near future. Forming a double bottom in the bigger timeframe.
Btc. Daily and 4h:
Since all my trades are based on TA, I see a possible bear market low at around 12100 (this is just the technical price target of the double top/ head and shoulders we built in 2021/2022). However, this is just one possible target and …
Nino retweeted
These are two types of price action that push people out of their positions before a reversal.
Which one do you find yourself struggling with most?
"The Quick Liquidity Grab"
Or
"The Slow Bleed"
Nino retweeted
I meditated 15 hours a day for 6 months straight with one of the toughest Buddhist monks on the planet.
Here's what I learned:
Nino retweeted
About Previous Cycle's Bottom 📚
During early 2019, $BTC was just grinding up through 3-6K while many were shorting thinking we'd go to 3K and below.
What happened and what did I do during that time? 👇
1/8
