Crazy Bitcoin idea, a very bearish scenario!
Using the angles from the Square of 9, there is a possibility that all the pump from the angle 270° to 90° was just a correction to go to 360°.
As an estimation we should reach 360° before the halving happens, maybe in the beginning of May!.
It's a lot safer to buy above 90°, so till the price breaks that level, I'm putting my limit order at 5050.
I know that it's early to judge if this what is taken the place right now, but I'd like to leave this on my profile in case it actually happened.
Keep an eye on these levels :)
As an estimation we should reach 360° before the halving happens, maybe in the beginning of May!.
It's a lot safer to buy above 90°, so till the price breaks that level, I'm putting my limit order at 5050.
I know that it's early to judge if this what is taken the place right now, but I'd like to leave this on my profile in case it actually happened.
Keep an eye on these levels :)
Note
The magnificent Star of this cycle! As shown with the brush the move starts extremely volatile (that's what happens on tops, check the 139xx area) and then cools down (movement at bottoms are extremely slow due to accumulation, check the 3xxx area)
Note
Doesn't sound crazy anymore lol Note
It's not safe to buy at this time, don't buy from 5050 atm
Telegram : @Kirolos_T
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Telegram : @Kirolos_T
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.