BITCOIN - Good Morning Good Evening 🌅

2022年2月28日BTC here printing consecutive morning star and evening star reversal patterns - now back into morning star with this bullish candle essentially shows the current direction is sideways as I pointed out in the previous trend. Wick of hammer lows and wick of star highs show buying and selling pressure coming in maintaining the sideways price action

High low suggest this may move up somewhat perhaps a weak bounce with plenty of drift and may break through the 50WMA for a fakeout. Or perhaps it will drift sideways ala 2018 bear market. Either way its all too corrective for me now and I will remain "gone fishing" until BTC see significant new lows.

See you at 20K.

Not advice.

2022年2月28日

評論

BTC now up 16% in the blink of an eye and also worth noting with no significant northern inroads from indexes. And this is where BTC is very slippery in the short - mid term and much more difficult than any other market imo.

And for a time my pages were filled with hindsight traders and onchain hodl-plankton and it was all so easy, but now they are gone 😄. I think in the end I will conclude that deep value buying is the only way to go in crypto for a one man manual trading band with no algos.