As charted, double top
Don't think .618 retracement will be reached at either stops
Don't think .618 retracement will be reached at either stops
Kommentar:
fak, crashed earlier than I thought. Need to wait for a possible bounce and/or breakdown of 50D MA to enter a short position
Kommentar:
one possible play if we don't breakdown
(after E, crash)
(after E, crash)
Kommentar:
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good pump, possibly will go above 8750
Kommentar:
Market is always somewhat unpredictable.
Thought last night after 8850 would go down, but didn't. I guess they really want to tap some bulls drop into this
Thought last night after 8850 would go down, but didn't. I guess they really want to tap some bulls drop into this
Kommentar:
almost looks like bull market again
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was this a buy or sell?
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will we close below 50D MA?
Kommentar:
bitcoin failed to close below 50D
may have some bullish attempts; seems like the market is not decidedly bearish
may have some bullish attempts; seems like the market is not decidedly bearish
Kommentar:
not comfortable with shorting now, even though it looks like it's going to drop immediately
I have a strange feeling that a real bull trap is in play:
close below 50D
fomo short (fishes)
pump to resistance
crazy short (whales)
I have a strange feeling that a real bull trap is in play:
close below 50D
fomo short (fishes)
pump to resistance
crazy short (whales)
Kommentar:
Indeed closed below 50d. Could bull trap soon
