Aug 20 Live Recap: A Thousand People, A Thousand Kinds of Bull Markets!
This week, the big pie (BTC) closed above 66,000 on the weekly chart—so the weekly and daily chart structure has fully flipped. It’s about doing things with higher probability: going long or buying spot is something with a higher chance of being profitable. You can’t give up a 60–70% chance because of a mere 5% probability!
For the US stocks market, wait for a breakout of the trend line. If, for example, the hourly close of $MU is higher than 960, would that be a spot to chase long after the trend line breaks? If it breaks out again and then retests resistance, it would be around 1010. $SNDK has a similar mindset—breaking and holding above 1630 is what matters most!
Possible rebound zones are referenced in the picture. A thousand people have a thousand kinds of bull markets—are you ready to write your own bull market?
This week, the big pie (BTC) closed above 66,000 on the weekly chart—so the weekly and daily chart structure has fully flipped. It’s about doing things with higher probability: going long or buying spot is something with a higher chance of being profitable. You can’t give up a 60–70% chance because of a mere 5% probability!
For the US stocks market, wait for a breakout of the trend line. If, for example, the hourly close of $MU is higher than 960, would that be a spot to chase long after the trend line breaks? If it breaks out again and then retests resistance, it would be around 1010. $SNDK has a similar mindset—breaking and holding above 1630 is what matters most!
Possible rebound zones are referenced in the picture. A thousand people have a thousand kinds of bull markets—are you ready to write your own bull market?