- The market should reverse! - I'll buy on the dip! - I'm going to short Bitcoin! - Oh no Tether! - The Attorney General! - Bitfinex and Binance! - Get your money off of the exchanges! - Mt.Gox exit scam!
FUD. Fear. Uncertainty. Doubt.
What emotions are you experiencing? Here's a Pro Tip: When the market is Euphoric, when you start feeling high, sell. Do you feel euphoric? Are you high on life? Are you getting so mad rich that your ego is inflated and you're planning on buying that Lambo? No? Well how do you feel?
Fearful? Uncertain? Doubtful? Maybe you should take profits? Maybe you should short? Maybe you should set a stop-loss? Maybe you should tighten your stop? Maybe? Maybe? ?
Buy, obviously.
"Surely it's topped." "It's going to pull back dumbass."
Why is the market going up but there are constantly bearish candlestick reversal signals?
Is right now any different than it was before?
The answer is NO. The answer is fucking No.
But Tether and 6K resistance and Finding Nemo!
Shut the fuck up and stop selling.
Does this look God Damn Bearish to you?
LOOK AGAIN.
DOES THIS LOOK GOD DAMN BEARISH TO YOU ?
Buy Bitcoin and stop being a sucker. The whales have been playing you through this whole bull market and you're about to wish you'd been accumulating Bitcoin this whole time.
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^ scratch that
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We have strong support and BTC is about to take out 5900 with a destination of 6200-6300. I think that tomorrow they will kill long & short stop-losses. If you're trading with a stop-loss be very careful. If you're short, may this teach you a lesson.
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Remember that the trend is your friend. The monthly chart doesn't lie:
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I'm being advised my a very knowledgeable trader to consider taking profits at 7350. This aligns perfectly with my most major Pitchfork at a strong boundary. I'm averse to publishing a SELL signal but it will be a good area to look at. I might take profits at that level and wait for a retrace.
The "Finding Nemo!" made me laugh, thanks for this.. :D