BTCUSDT Analysis (possible WAVE scenario)
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Everything on the chart.
My vision of the current situation.
According to BTC of option 2, I will draw only 1, or we are in the triangle where wave (c) was placed and after completing the formation of the triangle, we still go to update the top, or a repeat of 2017 and which assumes that the high on the BTC was set and now some sideways will follow with by pouring liquidity into altcoins, and while the btc will float, altcoins during this period will still show huge growth, what didnt close by stop loss - we just hold it stupidly because selling anything when the BTC fell by -27% per day is stupidity, how it will be - time will tell, in any case, it is too early to sell altcoins at the moment.
Yesterday's fall showed once again that the cryptocurrency market is this speculative low-liquid shit, I think many were f****d yesterday, guys, never overestimate your risks, adhere to the rules of risk and money management, this is the only way to earn something on shit market)
P.s until we above 40k scenario is relevant
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to your questions or suggestions.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
My vision of the current situation.
According to BTC of option 2, I will draw only 1, or we are in the triangle where wave (c) was placed and after completing the formation of the triangle, we still go to update the top, or a repeat of 2017 and which assumes that the high on the BTC was set and now some sideways will follow with by pouring liquidity into altcoins, and while the btc will float, altcoins during this period will still show huge growth, what didnt close by stop loss - we just hold it stupidly because selling anything when the BTC fell by -27% per day is stupidity, how it will be - time will tell, in any case, it is too early to sell altcoins at the moment.
Yesterday's fall showed once again that the cryptocurrency market is this speculative low-liquid shit, I think many were f****d yesterday, guys, never overestimate your risks, adhere to the rules of risk and money management, this is the only way to earn something on shit market)
P.s until we above 40k scenario is relevant
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to your questions or suggestions.
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