Bitcoin Update July 26th 2019
Hey guys, B4 here
There's no big update from my previous posts. I'm just gonna put down the very important level to help you guys navigate.
Always remember that looking at HTF helps you a lot to not get caught in chops.
If you were following my previous ideas or telegram, I've been looking at 7500 for quite a long time and I really think the correction WILL get there. The bounce to 12k is not my ultimate target.
For the bounce, I believe that ALTs will have a better gain than BTC since the Bitcoin Dominance is doing its correction (there's also the LTC halving coming up in 10 days).
For BTC I'm looking at the 11.8k~12k to start stacking up my shorts. If we break the 9371 level I believe that's the start of the road to 7.5k.
If we manage to reconquer the 13253 level, my main scenario to 7500 will be invalidated.
I hope you guys have a wonderful day and don't forget them likes :)
Thank You
There's no big update from my previous posts. I'm just gonna put down the very important level to help you guys navigate.
Always remember that looking at HTF helps you a lot to not get caught in chops.
If you were following my previous ideas or telegram, I've been looking at 7500 for quite a long time and I really think the correction WILL get there. The bounce to 12k is not my ultimate target.
For the bounce, I believe that ALTs will have a better gain than BTC since the Bitcoin Dominance is doing its correction (there's also the LTC halving coming up in 10 days).
For BTC I'm looking at the 11.8k~12k to start stacking up my shorts. If we break the 9371 level I believe that's the start of the road to 7.5k.
If we manage to reconquer the 13253 level, my main scenario to 7500 will be invalidated.
I hope you guys have a wonderful day and don't forget them likes :)
Thank You
Nota
I've been looking at the charts and thought that we can't take out the scenario in which the b wave can be a triangle and that we won't get a high bounce than anticipated. We can't take this scenario out so keep it in mind too.
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.