Yesterday I found the 8k support was very strong and I closed my short position at 8k. Now it turns out I made a good decision.
Now whales have made a breakout and it pops out from the triangle structure. I haven't enter yet and I am patiently waiting for the retracement. I think it could drop down to around 8350 in a couple of hours. The upward target is 8800-8900. I will sell there and open another short position there.
This is my trading plan. You can trade at your own risk.
Now whales have made a breakout and it pops out from the triangle structure. I haven't enter yet and I am patiently waiting for the retracement. I think it could drop down to around 8350 in a couple of hours. The upward target is 8800-8900. I will sell there and open another short position there.
This is my trading plan. You can trade at your own risk.
Comment:
Bitcoin is in casino mode. TA doesn’t any more. Luck is now more important. Glad I didn’t chase the pump.
We don't trade patterns. We draw them.
