DelusionalRams8
@t_DelusionalRams8
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DelusionalRams8
I admit I had a rough day trading. I kept my losses at a minimum, but it's hard to fight my biases. I admit the chart looked bullish today, but it has broken key levels to the downside now. I flipped short again and I remain vigilant.
DelusionalRams8
I finally flip bullish because critical resistances have been broken. Also, BTC is holding well above the daily 0.786 fibonacci level at 69.6k
DelusionalRams8
I have no words. I am bullish. I can't argue with the bulls anymore.
DelusionalRams8
Things are too overhyped. I'm Flipping bear again. Sub 50k...43k is my target.
DelusionalRams8
This price action makes zero sense, but the stock market and meme stocks are mooning. Also, BTC has broken through strong 64k resistance. It looks like a left translated cycle may become the reality. 140k will be my target for now.God bless you!
DelusionalRams8
This price action makes zero sense, but the stock market and meme stocks are mooning. Also, BTC has broken through strong 64k resistance. It looks like a left translated cycle may become the reality. 140k will be my target for now.God bless you!
DelusionalRams8
I stopped myself out of my longs. Price was rejected at the 65k level and it now hovers below the 63.8k order block level. This level is a key resistance. If price cannot find its way back above the 63.8k level soon it will be confirmed as a rejection. Price target will be 43k. God bless you!
DelusionalRams8
There is strong evidence to suggest the bull market will continue.I have not been feeling well lately so I will do my best to explain. 1. Price has bounced off the bottom moving average of the CT Pi Cycle top indicator. 2. Price has also bounced off the top MA trend line. This trend line is based on the top MA of the CT Pi Cycle Top indicator. This is quite enough evidence for me to flip bullish for now. Target 140k. God bless you
DelusionalRams8
This Wyckoff topping/distribution pattern seems to be playing out. If it continues to play out I will ladder shorts until the 43k target gets hit. 43k is a key order block level. 50k may hold, but it's not likely due to everyone calling it the low.
DelusionalRams8
68-70k will be the area I begin to ladder shorts. BTC is looking very head and shoulder/Wyckoff topping action. God bless you-Handy
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