Buy "The droop?"
ww.tradingview.com/x/Oq7B6iyJ/
According to my specs, BTC reached its bottom a couple days ago. Its going to follow a new trend line upwards for a few days and then retest DOWN on the Price of 33952.00 Somewhere during May 14th.
Since the 14th is a weekend, its going to run sidways for a LONG time before and after but that price should be the bottom before it leans upwards.
THis post is to call out the nonsense put up but the linked article. and @troyolymia , this is for YOU too my friend.
There is a trend line most people are following since the HIGH of April 5 through the high of APril 21st and running the line all the way down to today. **THIS IS NOT THE TRUE TREND LINE** but the reason it exists is because of a word that rhymes with Market Manipulation. The actual trend line is March 28th in a downtrend parallel to the false one. There is a massive Bearish Candle thats large enough to engulf the size of all 4 previous candles combined. The next candle is the end of the trend. so this is the slow down and then comes the retest.
That being said, Price will reach a high around May 12th, somewhere around $37536.0
But dont get excited, this is the first arc. After this its going to fall down again for a while. until about May 26th until it hits $34,002.20
If you are reading this and want to get in on a REALLY long trade with BTC where you would have LITERALLY bought at the bottom,
Go in on any trade size right now
do NOT set a stop loss
and set your take profit for $41760.20
As of this writing, the price is $35965. 40
That would be a 16% gain but dont look for a BUY after that. YOull need to wait for the LOW retest.
Ask questions below
Thanks all.
Later.

