UPDATE - BEARISH THINGS
My previous idea I discussed the potential BEARISH scenario according to where BTC was in the previous trend down.
HEAD AND SHOULDERS BEARISH PATTERN still in play.
A leg down was a very probable scenario, so I entered a SHORT with a TP of 6300. However -BTC does whatever TF it wants, whenever TF it wants. I'm currently stuck in this trade, waiting for this pump to chill and PA to cool off as close to my ENTRY as possible.
We seem to be headed back to the pivot point where BTC began this last pump to $6730, so unless we get another pump of $ by a whale(s), the outlined BEARISH scenario on the chart is likely.
Will re evaluate when BTC makes a decision and be back with another update.
Are you guys seeing anything I'm not? Please share if so!
HEAD AND SHOULDERS BEARISH PATTERN still in play.
A leg down was a very probable scenario, so I entered a SHORT with a TP of 6300. However -BTC does whatever TF it wants, whenever TF it wants. I'm currently stuck in this trade, waiting for this pump to chill and PA to cool off as close to my ENTRY as possible.
We seem to be headed back to the pivot point where BTC began this last pump to $6730, so unless we get another pump of $ by a whale(s), the outlined BEARISH scenario on the chart is likely.
Will re evaluate when BTC makes a decision and be back with another update.
Are you guys seeing anything I'm not? Please share if so!
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