A big case for dandruff on BTC analysis
Jokes aside. Bitcoin's recent price action suggests price action is going down, I do have an open short with an entry at 32816, however, I would exercise extreme caution to anyone contemplating trading the market in current conditions.
This is likely going to explode and if you're not exercising sufficient risk, or understand how to properly trade this, stay out of this market. It's dangerous.
It's very interesting how this pattern converges with the fib.
Currently I find that the idea of hitting .786 fib to be unlikely, but I'll evaluate as price action develops.
For now, I'm happy to be mostly waiting on the sides camp with a small short and a few core positions :)
Be responsible everyone!
This is likely going to explode and if you're not exercising sufficient risk, or understand how to properly trade this, stay out of this market. It's dangerous.
It's very interesting how this pattern converges with the fib.
Currently I find that the idea of hitting .786 fib to be unlikely, but I'll evaluate as price action develops.
For now, I'm happy to be mostly waiting on the sides camp with a small short and a few core positions :)
Be responsible everyone!
Dagangan ditutup secara manual
Trade closed on {2021/07/23 10:32:52} for break even. Idea now invalidated, market is different
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.