#BTC continues of the range and might gonna take a retest back to $31,373 level of resistance. Well, This Weekly close is very important, to see and also a break is expected throughout this week.
But you know what the fuckin' best part is?
We always made money, no matter what was going on. We grew against all odds. And we will continue to grow. We don't give a shit about any hardship.
We always made money, no matter what was going on. We grew against all odds. And we will continue to grow. We don't give a shit about any hardship.
With the #Bitcoin halving just 290-days away, we can also see the relationship between these transitional periods and halving events, which tend to occur around two-thirds of the way through the journey.
What is Triple Top ?
The triple top pattern is a bearish reversal pattern that traders look for in the markets. It is characterized by three consecutive peaks in the price of an asset, all occurring near a similar resistance level. This resistance level acts as a barrier, preventing the price from breaking higher and signaling potential exhaustion of the upward trend.
As the price approaches the resistance level for the third time, traders closely watch for signs of weakness and a potential reversal. Typically, the trading volume decreases during the formation of the pattern, indicating a lack of buying interest and diminishing bullish momentum. This declining volume further supports the notion of a potential trend reversal.
The three peaks, also known as swing highs, are key components of the pattern. The formation of these peaks, combined with decreasing volume, serves as a warning sign for traders to be cautious about further upward movement.
The triple top pattern is a bearish reversal pattern that traders look for in the markets. It is characterized by three consecutive peaks in the price of an asset, all occurring near a similar resistance level. This resistance level acts as a barrier, preventing the price from breaking higher and signaling potential exhaustion of the upward trend.
As the price approaches the resistance level for the third time, traders closely watch for signs of weakness and a potential reversal. Typically, the trading volume decreases during the formation of the pattern, indicating a lack of buying interest and diminishing bullish momentum. This declining volume further supports the notion of a potential trend reversal.
The three peaks, also known as swing highs, are key components of the pattern. The formation of these peaks, combined with decreasing volume, serves as a warning sign for traders to be cautious about further upward movement.
To all those who come and tell me that they lost everything on a false signal. Wake up guys. If you don't have the skills and education in risk management and money management, don't trade. You will lose everything.
If you set up your SLs as we advise, it's no big deal to lose a trade.
We lose them every day. But the loss is limited by the SL. And the winning trades largely compensate the losing ones.
If you set up your SLs as we advise, it's no big deal to lose a trade.
We lose them every day. But the loss is limited by the SL. And the winning trades largely compensate the losing ones.