Veeerrry interesting pattern forming here, just like we saw before the steep drop, then jump during the "Xi news..." (I have my doubts as to whether or not that was "actually" what truly moved the market, but I digress...) Point is, we are looking almost identical to that spot.
Then again, Lord knows how BTC LOVES to pull what the Bitcoin OG Davinci likes to call "FU Moves..."
Will this trade win? Tune in later tonight and see.
Tl;dr: About to fall to $6300 beofre Rocketing back up to 8K over next couple days if this plays out. And I will have made at least tree fiddy, thank you verry much.
Then again, Lord knows how BTC LOVES to pull what the Bitcoin OG Davinci likes to call "FU Moves..."
Will this trade win? Tune in later tonight and see.
Tl;dr: About to fall to $6300 beofre Rocketing back up to 8K over next couple days if this plays out. And I will have made at least tree fiddy, thank you verry much.
Comment:
Welp, apparently this was not my trade.... Dumped a teeny bit, then reversed as I'd feared it might. Something important I' lerned here is the importance of FLEXIBILITY in trading and NOT blindly adhering to my idea just bc it's easier....
Better to have a few Different scenarios prepared, and then act them out according to the Market - not the Other way Around!!!! :)
Better to have a few Different scenarios prepared, and then act them out according to the Market - not the Other way Around!!!! :)
BUT, my reasons against this is: gravity. That pink bar is an Obvious Resistence line for both patterns, and I trust that more... But we shall see. (my luck it will do this lol)