bitdoctor

BTC - OK - Now we can talk about a bigger pullback incoming

bitdoctor Zaktualizowano   
BYBIT:BTCUSDT.P   BTCUSDT Perpetual Contract
I am finally ready to talk about a real possibility that we'll see a pullback coming soon. Watch the zones up above us around the 26300 area. There's likely going to be a pullback starting from there.

Be careful not to do anything stupid, though. This is still a bullish trend after all. Whatever pullback we do get is likely not going to go to your downside, take out november lows, targets.

Believe me when I say that whatever pullback we get will quickly get bears frothy and totally overleveraged and will probably just get decimated again.

The bigger question is whether or not this 5 wave structure is the beginning of a bigger move up, or if this is the completion of a move. We will need to wait and see how we come down from the highs to make a determination on what happens next.

Watch your indicators. They're going to be very valuable here. Watch for buy alerts and squeezes.

Trade carefully! Cheers!
Transakcja zamknięta: osiągnięto wyznaczony cel:
"whatever pullback we get will quickly get bears frothy"

"totally overleveraged and will probably just get decimated again"

CE - BitDoctor
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