The main chart basically spells out what could happen if we confirm this bear market. My linked idea will show what I am looking for on BTCUSD to confirm a bear market when the week ends. As a head up if you don't want to read the linked idea... I detailed at the time of writing, a very high chance of confirming a bear market. After price action puked over the last couple of days it seems more and more likey we are going to confirm the bear market.
This post doesn't have any short entries, and it doesn't guarantee any price targets. It just shows a couple of areas of interest and price targets based off long term fundamental TA. Lots of tradingviewer and youtubers that normally do good long term analysis have seemed to lost their heads, which makes sense because these are heady times.
My biggest regrets at trading and investing are seeing long trends and having my weak hands drop the fantastic entries I had with some FUD, or chancing something I thought would be better but I didn't have the same chart clarity, so I then dropped that too early. Best believe I am not forgetting this set up. I have also linked a current long term set up I am watching on BTC, and one that I saw on BTCUSD a while back and dropped too soon.
And I promise every Floridian that you will all be rich... because we're gonna print some more money! Why didn't anybody ever think of this before?
~Nathan Explosion
~Nathan Explosion
