This scenario is quite rare but not impossible. In my previous posting, I haven`t said about this scenario.
My previous post:
So, let me explain you about worst scenario "earish trend again in July"
Look at current situation
In last night we break up the descending wedge - I am in Seoul, Korea (UCT+9)
DId we already get 90%+ correction which I said in my previous post?? (If you haven`t seen my last posting, I strongly recommend you to read it to understand this posting 100%, I am sure it will make you rich )
Now, we are trying to break up channel. However, once we break upward the channel, individuals might get FOMO into it, and reach $7,570+ BEFORE 5th of July......the result might be catastrophic:
I would prefer 'get rejected upside of the channel and another 90%+correction:
Price must go up SLOW and STEADY That is why we call buying - long , sell - short. It is natural law.
Don`t be greedy, BTC has already shown incredible uptrend.
Anyway in both cases, hope you can react properly, than I and you both can make money :)
Nota
OOPS little bit mistake
i will short if it goes to $7,300 before 6th of July
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.