Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT _________
FOMO is in the air.
Just be careful making positions as volatility is high that may cause a potential big loss in just one swing of price.
Is a good game. _________
Technical Analysis
Elliot Wave Counts Technically, It's in Wave 5 now. Just be careful as the end is near.
Daily
4HR
1HR _________
Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT
ノート
Add-on explanation
Daily
Weekly I don't if it's reliable to see this but judging the smaller timeframes seems like, legit. Hoping would not give a false signal.
ノート
In my thoughts, I think this rally may continue longer. Many upside potential to come. Just be careful on making positions as volatility can wipeout a position in just one swing price. I'm considering that maybe the price can reach as high as 1.618 Fibonacci Target. I know that's extremely overbought but that's how the price behavior of any crypto. Right now, I just take 25% take profit on my futures position enough to cover the margin and some profits and letting the 75% to run with a stop loss above the entry price.