Quite a few people have bull goggles at the moment, with people predicting Wave 3 about to start on crypto to the actual moon.
Hey, it could happen, I'm a bull on crypto overall, but the trend right now is down ... I mean ... up! If you flip the chart.
Take a look at the above. What do you see? Oh wow bull pennants, golden cross and a possible cup & handle. Its a screaming buy! (I mean sell)
(Related chart Bear Goggles? Helpful chart to see where the market is going)
Hey, it could happen, I'm a bull on crypto overall, but the trend right now is down ... I mean ... up! If you flip the chart.
Take a look at the above. What do you see? Oh wow bull pennants, golden cross and a possible cup & handle. Its a screaming buy! (I mean sell)
(Related chart Bear Goggles? Helpful chart to see where the market is going)
Kommentera:
I love how it turned right where it says 'wait for pullback' :D
Kommentera:
Bear 'what if' scenario ...
Kommentera:
Another bear what-if.
Note these are not calls. Just scenarios. I trade what I see, when I see it
Note these are not calls. Just scenarios. I trade what I see, when I see it
Kommentera:
Update for you friends. Would you go long here?
No you wouldn't.
Why?
RSI over 80 / way overbought
RSI divergence.
Sure, it could go higher but not for long ... I think our flipped chart has done its job.
No you wouldn't.
Why?
RSI over 80 / way overbought
RSI divergence.
Sure, it could go higher but not for long ... I think our flipped chart has done its job.
Kommentera:
Our inverse BTC chart is showing another setup ... possibly. Is this a bigger cup & handle?
Kommentera:
Yes it is. Holy smokes that's a breakout
