Good afternoon fam,
Yurlo here 👍
We may get a 5th wave up but sooner or later prices will eventually fall as the bullish divergence has most likely played out for the most part as it's reaching overbought levels which are first caution signs to take profit on any scalp longs for me.
I'm short here and will wait for price action to reach oversold levels on the lower timeframe's.
10x longs get liquidated below $30,000 and the market eventually hunts leveraged players using high leverage.
Stay safe, and have a great Wednesday fam 👍
Yurlo here 👍
We may get a 5th wave up but sooner or later prices will eventually fall as the bullish divergence has most likely played out for the most part as it's reaching overbought levels which are first caution signs to take profit on any scalp longs for me.
I'm short here and will wait for price action to reach oversold levels on the lower timeframe's.
10x longs get liquidated below $30,000 and the market eventually hunts leveraged players using high leverage.
Stay safe, and have a great Wednesday fam 👍
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