Remember Jackass back in the day? The ol' Bunjie Wedgie? Well here's the blockchain version of that . .
Key notes here:
1. Bitty is in a falling wedge which classically breaks to the upside . . HOWEVER . . Bitty is schitzo and always does the opposite so you do the math
2. Sell in May / Go away Wall Street dicks need to vacay in style so they won't let dear ol Bitty crater just yet
3. That last major flash wick IS going to engulf, eventually so may as well get it over with
4. Soooo many wallets sitting at unrealized losses right now
5. Fear & Greed Index at 21 (scarrrryyyyy :O)
I like a DCA long at 36-ish, but def would not commit a full nut here though because that wedgie might make you sterile.
As always, NOT investment advice, DYOR and stay frosty my friends.
Box out . .
Key notes here:
1. Bitty is in a falling wedge which classically breaks to the upside . . HOWEVER . . Bitty is schitzo and always does the opposite so you do the math
2. Sell in May / Go away Wall Street dicks need to vacay in style so they won't let dear ol Bitty crater just yet
3. That last major flash wick IS going to engulf, eventually so may as well get it over with
4. Soooo many wallets sitting at unrealized losses right now
5. Fear & Greed Index at 21 (scarrrryyyyy :O)
I like a DCA long at 36-ish, but def would not commit a full nut here though because that wedgie might make you sterile.
As always, NOT investment advice, DYOR and stay frosty my friends.
Box out . .
Trade active:
I called the bad sign last night with another trader when Bitty was over 39k. Falling wedge should break to upside BUT if Bitty does it, expect it to be fake and then move hard in the opposite direction. I called engulfment on this waaaaay back and it's finally playing out. Long wicks pretty much always engulf on Bitty.
Trade active:
Total engulfment . . we gonna bounce? ;)