Yello Paradisers, I’m updating you about the current Bitcoin situation, which is extremely dangerous for crypto noobs that will get rekt again very soon!
It’s going to be a big move soon. I’m telling you on a high timeframe chart we are doing multi-time frame analysis and on a high timeframe chart I’m updating you about the RSI indicator, the bearish divergence, the moving average reclaim, and the channel reclaim that we are having right now.
We are observing a shooting star candlestick pattern, which is a reversal sign, and I’m telling you what confirmations I’m waiting for to make sure that I can say with the highest probability that we are going to the downside. On a medium timeframe, I’m showing you two patterns: one is a head and shoulders pattern, then a contracting triangle, and on a low time frame, I’m sharing with you the ending diagonal because on a high time frame chart, we are either creating ABC or impulse, and I’m telling you what the probabilities are for the zigzag, which is a corrective mode wave, or the impulse, which is a motive mode wave.
I’m sharing with you what’s going to happen next with the highest probability. Please make sure that you are trading with a proper trading strategy and tactics, and that’s the only way you can be long-term profitable.
Don’t be a gambler. Don’t try to get rich quick. Make sure that your trading is professionally based on proper strategies and trade tactics.
