BITCOIN & OIL: EXTREME WARNING!!!! [new Trades]

On Bitcoin

Changed since their last video: days moved down to waiting.

Views

• Next days (next 1–7 days): Waiting on 69k (timeframe is our reading): would not trade unless we are breaking in a confirmed manner above the 68-69,000 US dollar downward sloping resistance ▶ 08:16

If this, then that

• If confirmed break above the downward sloping resistance, then retest of it as new support, then 82–86k (next weeks): And only then, only then we are talking about a potential probable positive long position for Bitcoin. And then we can look at price levels of 82, 85, 86 and higher, ▶ 08:43
• If break below the previous low at 60,000, then no target given (next weeks): if we are breaking below, let's call it the previous low at 60,000, you can expect another uh big capitulation. ▶ 03:41

Levels named

• 82–86k: Target (price levels to look at after a confirmed break and retest): And only then, only then we are talking about a potential probable positive long position for Bitcoin. And then we can look at price levels of 82, 85, 86 and higher, ▶ 08:43
• 68–69k: Resistance (downward sloping resistance that was a false breakout; needs a confirmed break): would not trade unless we are breaking in a confirmed manner above the 68-69,000 US dollar downward sloping resistance ▶ 08:16
• 60k: Support (previous low; a break below would bring another capitulation): if we are breaking below, let's call it the previous low at 60,000, you can expect another uh big capitulation. ▶ 03:41

Their own position: Holding. My Bitcoin trade actually right now red, and Ethereum trade also still red