I have been talking about his range box that PA is in for a while and, at the same time, referenceing the previous 2 times PA has done this this Cycle.
But I also pointed out recently how this range is slightly different and possibly in a bearish way..
And I just found this on a 4 hour chart, which if true, could point towards PA taking a sudden drop to bottom of Range or Lower.
https://www.tradingview.com/x/O1qkbkiV/
As you can see, PA has ranged across and just got rejected off the Upper trendline of a descending channel. The Fib Retracements levels seem to offer support
There is a vertical line on 1st April to give you a marlker to work on as main chart is a daily and this chart is 4 hour.
PA could continue to range horizontalyt till around 3rd March before hitting trend line again.
If PA tries to break out, it will hit it earlier.
In my head, I always have that Still open CME Gap at 77K - 82K
This is a perfect opportunity to buy Bitcoin at a discount if we get down there.
I do have an open SPOT BUY order at 78600 just in case. I would not expect PA to remain down there for very long, so I have placed my order above what I consider to be the possible Low.
None of this may happen BUT I find it prudent to be aware of all possibilities.
トレード終了: ストップロスに到達
UPDATEAnd so, YES, it was hiding a BEARISH secret that seems to have taken many by surprise
Currently sown to around 87300
Nothing to be taken as Financial advice.
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
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これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。
Nothing to be taken as Financial advice.
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。