Bitcoin - Brace For Impact! (CLE) Capitulation Level Event
Capitulation Level Event (CLE) is upon us.
At the brink of a death cross, the 200 EMA is headed for the 20 Monthly EMA.
This cross is inevitable. The momentum of a heavy 18 wheeler is strong and hard to stop. This will happen.
Capitulation Has Began! Brace for impact!
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Watch out for STOPS-HUNTING BOTS!!!!
*** Trades should not be placed based upon what you see here! Do your own research and manage your own risk.
Only trade the breakouts to be safe and not be sorry. Wait for confirmation of price direction prior to putting in your trade.
Remember to always, always place your stop loss at the appropriate levels immediately after you have put in your long/short position so as not to get wrecked with your trades.
>>>>> Always be prepared for either scenario of upwards movement, downwards movement, or sometimes even sideways movement (consolidation phase & sometimes even extended consolidation phases). <<<<<
Constructive and positive comments are welcome. Be courteous.
Consider leaving a like after viewing my post, and click on Follow to receive my latest and updated posts.
More Power To All Your Trades,
Ron (The Intrepid Trader)
At the brink of a death cross, the 200 EMA is headed for the 20 Monthly EMA.
This cross is inevitable. The momentum of a heavy 18 wheeler is strong and hard to stop. This will happen.
Capitulation Has Began! Brace for impact!
===============================
Watch out for STOPS-HUNTING BOTS!!!!
*** Trades should not be placed based upon what you see here! Do your own research and manage your own risk.
Only trade the breakouts to be safe and not be sorry. Wait for confirmation of price direction prior to putting in your trade.
Remember to always, always place your stop loss at the appropriate levels immediately after you have put in your long/short position so as not to get wrecked with your trades.
>>>>> Always be prepared for either scenario of upwards movement, downwards movement, or sometimes even sideways movement (consolidation phase & sometimes even extended consolidation phases). <<<<<
Constructive and positive comments are welcome. Be courteous.
Consider leaving a like after viewing my post, and click on Follow to receive my latest and updated posts.
More Power To All Your Trades,
Ron (The Intrepid Trader)
Комментарий:
Price is sitting on the very edge of the 20 Monthly EMA and it's at the very resistance wall of the falling wedge. It's decision time... pierce through the resistance wall or drop down fulfilling the bearish cross.
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Bulls Must Hold The Green Extended Line As Support For More Upside Price Action.
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1 Day Chart
Death Cross May Happen Sooner Than Expected.
Watching The 20 Monthly EMA If It Will Serve As Support.
Death Cross May Happen Sooner Than Expected.
Watching The 20 Monthly EMA If It Will Serve As Support.
Комментарий:
PUMP OR DUMP
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PRICE HAS THE TENDENCY TO REVERT TO THE AVERAGE PRICE LEVELS
