good evening folks,
btc ended up rejecting the target from my last nights post, but - it's not convincing enough for me.
i shorted the top of it, and i'm looking for a long.
---
i think it pivots earlier than i had expected, and makes a run to 35k.
(watch for bullish divergence on the smaller time-frames, and look for confirmation)
it can theoretically expand quite low to flush out all the late longs, so exercise caution if you're going to play this move.
(resistance and support levels displayed on the chart)
btc is a wild one, and you gotta be ready for anything that it may throw your way.
---
risk management is the #1 priority in this game, everything else comes second.
btc ended up rejecting the target from my last nights post, but - it's not convincing enough for me.
i shorted the top of it, and i'm looking for a long.
---
i think it pivots earlier than i had expected, and makes a run to 35k.
(watch for bullish divergence on the smaller time-frames, and look for confirmation)
it can theoretically expand quite low to flush out all the late longs, so exercise caution if you're going to play this move.
(resistance and support levels displayed on the chart)
btc is a wild one, and you gotta be ready for anything that it may throw your way.
---
risk management is the #1 priority in this game, everything else comes second.