LOWER NUMBERS COMING??? 48K -50k rejection

Personally , this is what I see happening... This is the kind of dip that starts a parabolic pump! It wouldn't surprise me to test the 40K area and maybe even a quick wick below... It just makes sense guys. THIS IS WHERE THE INSTITUTIONS ARE BUYING THE BAGS OF SCARED SELLERS WHO SELL THE DIP... Well that is just my thoughts based off of my experience watching charts and I'm not a professional crypto advisor

I'm looking to short/take profits/sell at potentially up to 51K but as low as 48K with any type of sharp rejection because of the potential 7 %-15% drop!

Also , I think there's a chance that it could drop before going up more!

تعليق:

Oh by the way HOW I PREDICTED the pattern was IF YOU LOOK slightly to the left From August 28th to August 31st you see similar patterns forming but on a smaller scale! A lot of times i notice this happens and often the pattern on a 1 or 5 minute chart are sometimes smaller scale versions of what happens on the larger timeframe charts.

**ALSO, Don't be the one buying at 52K, 50K and 48K ... NOTICE THE TRAP

and Lastly , If the bulls DO WIN and break the 52K area, we could still see a nice pull back from there but the targets will not be as low.