$btc Why we countertrend shorted above 66k - confluence 4 (update). Alright, as part of our masterplan of being ultra bullish from 60k -> 66k, and at the very point of reaching 66k+, turning bearish, for all reasons we started mapping out, confluence 4 has received an interesting update. Regarding this confluence, we received even more Lower highs on top of mmd div already present. Situations like these are just to keep expecting lower, have conviction on shorts, and hold for a long time. We have been holding shorts for over 10 days, and I am still looking to hold them for even longer. No, I am not longing yet, there will be a time again, and you will love it, but for now, it is not the time yet. A beautiful confluence, doing its thing in front of the world to see, and in front of a large majority turning quite bullish above 66k (confluence 6). The story continues.
AstronomerShare

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.