-Yurlo
Please SMASH that like button for me đź‘Ť
Just so everyone knows I'll be posting daily TA's again now that I'm back trading full time!
My reasons to be bearish:
#1: All of CT is bullish
#2: Market sentient is full of greed
#3: We’re still under resistance ($15,675-$15990)
#4: $SPX may have a -$300 correction, which would approximately be a -$1200 move it $BTC followed s&p 500’s downtrend if we get a bloody monday or week
(invalidation point imo would be if $15,675 holds on a 4 hour or daily close)
The liquidity at $15,000 (buy orders) will eventually get pushed down by sell orders which seem to be more significant. $14,750 is the next support and after that level is lost $13,800 isn’t too far away.
The longer you survive the more you’ll adapt in terms of creating a strategy that will consistently outperform the market and make you a rich man.
“20% of your actions produce 80% of your results”
Stick to your trading plan, you make your TA for a reason so respect your TA and use it as a road map.
Please SMASH that like button for me đź‘Ť
Just so everyone knows I'll be posting daily TA's again now that I'm back trading full time!
My reasons to be bearish:
#1: All of CT is bullish
#2: Market sentient is full of greed
#3: We’re still under resistance ($15,675-$15990)
#4: $SPX may have a -$300 correction, which would approximately be a -$1200 move it $BTC followed s&p 500’s downtrend if we get a bloody monday or week
(invalidation point imo would be if $15,675 holds on a 4 hour or daily close)
The liquidity at $15,000 (buy orders) will eventually get pushed down by sell orders which seem to be more significant. $14,750 is the next support and after that level is lost $13,800 isn’t too far away.
The longer you survive the more you’ll adapt in terms of creating a strategy that will consistently outperform the market and make you a rich man.
“20% of your actions produce 80% of your results”
Stick to your trading plan, you make your TA for a reason so respect your TA and use it as a road map.
Trade attivo:
Another visual (TA ~ technical analysis I've created outside of tradingview, on ByBit)
Trade attivo:
15 minute chart visuals ~
Trade attivo:
Trade attivo:
By November 11th (24-48 hours) is my prediction timing wise until support levels in this region have been lost due to increased level of fear/significant sell pressure which the order book will have less buyers which ultimately should result in trading under $14,750
$15,300 & $15,400 support levels have broke. Buyers must show strength here or the last aoi before losing $15,000 is $15,200 imo
$15,300 & $15,400 support levels have broke. Buyers must show strength here or the last aoi before losing $15,000 is $15,200 imo
Trade attivo:
Everyone on CT is posting ridiculously high price targets for btc and other alts before 2020 ends but the market sentiment greed level (90/100) tells me the market may want a healthy correction before continuation to ATH’s and price discovery in 2021-2022 (over extension phase)