@sir_Adam_fx1 Hello, sir. Please, I am a newbie in forex trading. I have a problem with forex psychology. I have a trade that is going well; when I notice a tiny retreat, I will take a small profit on it. How can I handle this issue. Please give me any advice. I will appreciate it.
bitcoin:native UPDATE
My local view on #BTC
My plan:
1. We got an impulsive move up from the $62K/$64K support zone (DONE)
2. We hit all the Fibonacci targets (DONE)
3. We stopped at Strong Resistance - $83K (DONE)
4. The key zone is $83K/$85K
5. Scenario one - we get a pullback now, followed by a move up toward the key zone (LOAD)
6. Scenario two - we move straight up into the key zone (X)
7. Long zone 1 - 74ะบ/72ะบ and long zone 2 - 72ะบ/69ะบ
This is how I currently see bitcoin:native
There are some interesting similarities if we study the 2023 price action. Back then, we got a move up from the 0.23 Fibonacci level, and it was only in March 2023 that we came back to this Fibonacci structure to test the 0.382 level. If we draw a new Fibonacci range, that would correspond to the 0.5 level
So my view is that I only see $100K for bitcoin:native next year
$ETH and $SOL have already outperformed #BTC, both in percentage terms and on the chart
Right now, we have already tested the 0.23 Fibonacci level, but there was no reaction. This means there is a high probability that we move lower, where we could look for long positions targeting $83K+
REMINDER: I warned about the BTC bull trap at $82K, the bounce from $62K, the summer drop, and the SPACE X decline before they even happened.
FOLLOW ME AND TURN ON NOTIFICATIONS. MOST PEOPLE WILL FOLLOW ME TOO LATE.