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All moments › 🔴 Live Trading WHAT THE HECK BITCOIN!!!?????!!!!! (Q&A ANALYSIS)

Fake-out pattern on two-week chart could cause devastating drop, but high timeframe still bullish overall.

From 🔴 Live Trading WHAT THE HECK BITCOIN!!!?????!!!!! (Q&A ANALYSIS) · jumps to 22:14 · speech

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Like we had right here, you come up to the high, you get a fake out with a bearish divergence, and you come and you can break down from the range, right? So we might see that actually happen on a massive time frame, right? Something more like this, let's go to the two-week chart, right? Two-week chart, we basically get a big old fake out here and start to come down, right? Oh my goodness, that could be devastating, devastating. Now, does this mean we're making new lows? I still don't think so. I still think all things are bullish here on the high time frame. So if you're new and you're wondering, why is this guy bullish and bearish at the same time? It's because you have to understand, every single time frame has a different story to tell.
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