Gareth Soloway breaks down why Bitcoin surged after weeks of extreme bearish sentiment, and why he just sold his crypto longs and flipped to small short positions across Bitcoin and several altcoins.
Gareth walks through the simple trend line off the all-time-high anchor point that signaled the breakout, why the move dribbled instead of exploding while doubters "recharged the battery," and the three-bar surge that tells him the rally is burning through its fuel. He covers the hidden trend line, the scene-of-the-crime retrace, and the Fibonacci pullback zones he's watching into the coming week. He also lays out why he never shorts as heavy as he goes long, and why probability, not emotion, rules every trade. Video by Gareth Soloway.
"New to trading? Join iqoption for free educational materials, a risk-free demo account, and a low minimum deposit($20). Start your journey in the financial markets now!"
Learn more >>
Chapters
0:00 Sold My Longs, Now Short
1:05 Gareth's Top Squad
2:13 Bitcoin: Bearish Sentiment Is Fuel
5:16 The Three-Bar Surge Exhaustion Signal
5:55 Hidden Trend Lines & Scene Of The Crime
7:17 Fibonacci Pullback Targets
7:53 Has The Bear Market Ended?
8:53 Charts Beat Emotion
9:49 Rumble Wallet
11:01 Ethereum Into Resistance
11:34 Solana Wedge Breakout
12:04 XRP Massive Move
13:39 Zcash Short Setup
14:07 Hyperliquid Parallel
Probability over emotion, being the casino instead of the gambler, and why following the charts beat chasing fear and greed.
Start Trading >>
