@CredibleCrypto Hey @CredibleCrypto totally speculative question but, do you think if we get the bearish scenario that we likely bounce soon to at least high 70s to low 80ks area before continued downside?
@merrittblack I’ll enter with 1R, add if I have the opportunity another .5R and but, then I’ll scale out 3-4 scale outs before being fully exited assuming a profitable trade. Usually 3-4 total trades a day.
@CyclesWithBach Very similar to November 6-22 when BTC began an impulse from 69-99K. This seems like it began the impulsive phase around 84 so if we repeat that we should be testing ATH within a couple weeks.
@CredibleCrypto Hey @CredibleCrypto if you had to give a guesstimate (I know timelines aren’t of concern), when do you think we likely at minimum test the upper end of the HTF range in the 100’s?
@HenrikZeberg@HenrikZeberg you don’t find it concerning how far the S&P is off its highs? Do you have a point that you revise your thesis on new ATH’s on the market? Thanks for everything!
@TheOneLanceB How a trader could be as inaccurate as he is. You could literally flip a coin and theoretically have a 50/50 win rate on your entries. He’s like the Jim Cramer of day trading lol
@HenrikZeberg Ignore anyone trying to silence opinion. I appreciate your thoughts not just in macro and TA but, on many issues that impact our world. Thank you for your insights Henrik. Keep it coming!