Technical analysis by TR7z about Symbol BTC on 12/15/2021

TR7z

Hello trader, Nice week and profitable deals 💲 Fear & Greed combines FIBO For the future, we should note when in the heights, F&G shows a double top (see last 2 examples) highest willingness to be poor The bottom was mostly found at F&G 10 ‼️ IMO is BTC in a 4h channel and contests the 1D MA200. Intuitively, I would assume a recovery. But this will only be confirmed when we break the channel ‼️ Here is a look at all divergences! 1D - 4h - 1h - 15min ‼️ This logscale post works perfekt ( Channel ) FIBOs, in yellow, act as resistors Support should be provided by the current lows, 0.786 and 0.887, where my BUY ZONES are ‼️ My SL is below 29k, line in red I want to mention that everything I post is just options and my own opinion! Always trade with SL and do not risk more than 1% of your portfolio (max. 3%) per trade. If you have any questions, please let me know ➡️If you like my posts, press the Like button, comment or follow me Thanks for reading my ideas, Trade save !!SHORT trade 15min Chart Doppeltopnext SHORT SETUPComment: There are a few ways to read market sentiment, but in my opinion this indicator is being given far too little attention This is one of my first education post tradingview.com/u/TR7z/Channel EW UpdateAfter clear 5 waves down, BTC began accumolating and drew a falling wedge that broke upwards. This was the correction start.My targets are from 0.5 Fibo to 0.786BTC is very weak IMO. When we pursue a new LL, we are at least noticedon the white lineThe last daytrade shorts came off completely, IMO is in this range, and extreme fear 22Nobody knows exactly when this correction will be over but this HaS looks very good, if you like it give me a likeIMO we staying by exrtreme frear but also at support.If we get a bearish divergence in the fear and greed chart, I'll close my short3 trades , 3 win