Followers of my charts know that "strangely accurate" calls have been made throughout Btc's recent 3 months worth of price action. I anticipated the previous low at $107K and since September I have repeatedly expressed concerns about a dump to a lower low (see Sept-Oct Btc charts). In September, the "3 Red Week Down Rule" warned us that this lower low was coming (T1).
Once 107K was broken, I cautioned that if the next level down didn't hold (96K-103K), that Btc would go straight to 80K-85K. On Oct 23rd I wrote:
"Btc bounce incoming off support? If not, and support is broken... long way down to 84K.
Too soon for concern, but Btc is currently bottom feeding off my lowest support".
I later offered confluence with a confirmed WT at 84K,200, which confirmed (for me), a big bounce from this 80K-ish zone.
So far my bottom "ALL IN" zone held (T2- 80K-84K).
Btc is currently 92K -up 16%, since bouncing off my buy zone.
I don't point this out for my ego. This is confirmation to all the non-believers...TA works! Also, I keep my own win rate stats, as should everyone. I'm transparent about my trades and my win rates. How else would anyone know if they should follower an "influencer" if they don't have published charts (where you can keep track of their stats).
Once again, congrats to all that have made gains while following my charts.
"May the trends be with you"
Once 107K was broken, I cautioned that if the next level down didn't hold (96K-103K), that Btc would go straight to 80K-85K. On Oct 23rd I wrote:
"Btc bounce incoming off support? If not, and support is broken... long way down to 84K.
Too soon for concern, but Btc is currently bottom feeding off my lowest support".
I later offered confluence with a confirmed WT at 84K,200, which confirmed (for me), a big bounce from this 80K-ish zone.
So far my bottom "ALL IN" zone held (T2- 80K-84K).
Btc is currently 92K -up 16%, since bouncing off my buy zone.
I don't point this out for my ego. This is confirmation to all the non-believers...TA works! Also, I keep my own win rate stats, as should everyone. I'm transparent about my trades and my win rates. How else would anyone know if they should follower an "influencer" if they don't have published charts (where you can keep track of their stats).
Once again, congrats to all that have made gains while following my charts.
"May the trends be with you"
May the trends be with you.
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May the trends be with you.
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.