The Moon...the moon...everyone cries!...the hype is at a frenzy!!
Yet volume isnt rising as it should/would in a sustainable bull market...its just pumps and wane bouncing on or back from a drop below the 12EMA.
Personally ill wait til it retests the channel (aroun 7600-7800), unless it goes straight to the 10,500 -11000...in which case ill see you at the 200...maybe in June.
Remember ...dont buy the hype....you sell into it, taking profit....buy the fear...we still need to see capitulation...thats the fear...and the time to look to buy.
No advice given just a personal view expressed for my own records...
Comments welcome..always..
Yet volume isnt rising as it should/would in a sustainable bull market...its just pumps and wane bouncing on or back from a drop below the 12EMA.
Personally ill wait til it retests the channel (aroun 7600-7800), unless it goes straight to the 10,500 -11000...in which case ill see you at the 200...maybe in June.
Remember ...dont buy the hype....you sell into it, taking profit....buy the fear...we still need to see capitulation...thats the fear...and the time to look to buy.
No advice given just a personal view expressed for my own records...
Comments welcome..always..