A reminder to be cautious. We need a wave 4 and 5 still to confirm the low of $BTC . The next correction will tell the truth.
In any case. This is one reason why i always say prepare for 2 scenarios. So you wouldnt be left out.
I feel 0 FOMO. I dont feel scared. Because i prepare for both.
If the market goes back down to 54k and breaks it the next support is 50.4k. It should be seen as a gift.
RSI has divergence for weeks now.
MACD crossed bullish
S.RSI crossed and is picking up momentum
Another low will only increase the bullish divergence.
Yes we can expect another low but the overall trend is bullish.
I wont be surprised if BTC suddenly blows up in all cases we are expecting a 3rd wave. Literally a 3rd wave is meant to catch people off guard.
How will you manage it is up to you.
This is why i always say buy red so you dont fomo when you see green. Unfortunately alot of people are very emotional.
Ive seen people 100x short an oversold market an now down thousands of usd. Its crazy to go short with that leverage against a bullish market. Now the same people are asking what to do.
Again. We are oversold in hourly. Do not use 100x leverage until the charts calm down. That is gambling.
People will start screaming soon. Do not listen to them. Listen to the charts and act accordingly. Dont get too excited.