CandleSurf
@t_CandleSurf
What symbols does the trader recommend buying?
Purchase History
پیام های تریدر
Filter
Signal Type
Looking at the historical bull cycles for Bitcoin, there is a pattern that takes place in every one of them. Price retracing down to the “golden fibs” is a normal occurrence in a bull market. The last time we saw this move was in March of ‘23, we are long overdue to see this correction on the latest impulse.A significant drop at some point can be expected. Dropping to the low $50k range would in fact keep us in a bull market, but also complete this pattern yet again. Will this happen? We know this pattern will occur at some point, but here are some key factors as to why I think it can be close.1. This pattern is unavoidable2. Bitcoin is overdue for this correction, currently 12 months running without it.3. The current volume on the recent “sell-off” is too low. Meaning, there is much room to drop lower due to a lack of volume support on the HTF. If you consider the volume levels of the past, they are much higher on the dips before bouncing upward.4. On HTF (3D cart) there is a void, or FVG level, at or near this golden fib zone in the low $50ks.NFA - just a warning, something to be mindful of. A drop to the low $50ks would be a normal move, repeating history on previous cycles, and ….is likely at some point.
0.5 FIB rejection, weak volume support, key POC levels being targeted.Expecting drop to $23,00 - a small bounce up to the FVG level, then down again for a push under $20k.
Disclaimer
Any content and materials included in Sahmeto's website and official communication channels are a compilation of personal opinions and analyses and are not binding. They do not constitute any recommendation for buying, selling, entering or exiting the stock market and cryptocurrency market. Also, all news and analyses included in the website and channels are merely republished information from official and unofficial domestic and foreign sources, and it is obvious that users of the said content are responsible for following up and ensuring the authenticity and accuracy of the materials. Therefore, while disclaiming responsibility, it is declared that the responsibility for any decision-making, action, and potential profit and loss in the capital market and cryptocurrency market lies with the trader.