well mark the date 26/03/24
When everyone was bulish on #BTCTo1Million
i was bearish for a reason and explained why is that
Since i dont believe in chart patterns only i always use my common sense and try to find out the psychology and reason behind Facts
And i also educate people for free so that they don't get liquidated and start using other mechanisms too
So lets develop your psychology again with #BullorBear?
none of them 🥱🥱!!
what if i told you i believe being a sniper rather than a machine gunner?
^^ what does it even mean? if we case study the situation of BTC you will see that when market gets momentum everyone starts going with the trend right?
So how big shots gonna make money? Its called "Last buy method"
actually they have been accumulating before the momentum when price was bearish
if you notice the chart you will see BTC taken few days( months) to pump but when it comes to bearish market it was really a long time!! actually whales weren’t interested to disturb us.They wanted to buy silently and they succeeded.now their Average buying price is 24-35k max. But for us its not possible to DCA cause we dont own huge money
so how they are gonna dump the market? they will simply increase volumes among them whom i call "whales circle" and you see a lot of volumes but still you are afraid of bull trap
So you wait few more days & when u entered its already 40% up& u lost an opportunity
you got 10% profit but when it reaches 15% its bull's time to exit the market (40+15=55% profit for whales)
just an example for more clarification suppose if its 7 days of bull run your entry should be within 2 days and exit in next 3 days (5th day of bull run you get out of the market) .And you will be safe from both side
Now how can i say with a chart patterns?
read the chart and ask yourself the reasons for every move.The best convincing answer of your chart pattern is your edge. its not about Long or short its always you.
if trading was easy then we wont have chart tools.They would secretly use it for themselves.Actually they are tracking