finally breaks out below the just as I said it would on my post dated December 1 titled BTCUSD – is Super NOT Healthy – Here is WHY!
My fellow traders, now is not the time to be holding any long position. Unless the bulls can gather enough strength to push the price above that descending and right back into that flag, the market is going to new lows. As of now, the odds of capitulation is greater than recovery but this is we are talking about so keep your options open… just protect yourself and avoid being in a trade.
So far, the trend has behaved exactly as per my analyses on Nov 30 and Dec 1. This is not about me being right or which side I am on.
I won’t tell you that “I am the best” kinda crap. Only those with inferiority complex would tell you that.
I am neither a bear or a bull. I don’t predict the trend.
What I do is to feed you with unbiased facts extracted from the charts because TA really works if you do it right. But TA is not prophecy, it’s all about probabilities and if we have the right facts at the right time, any good technical analyst can narrow down the probabilities to help him trade better.
My PRO members are one step ahead of the 99% traders in the market. You can be one of them too.
Published at Mon, 03 Dec 2018 07:22:36 +0000
