basically what we have here is a bearish flag. A safe entry point would probably be the 0.382 FIB. currently I don´t see a long or short signal. Since i made a fortune 2 days ago I´ll stay sidelines for some time and seek a good entry
Comments
fulrik
⋅
Decent call on the drop. Did you buy your position back yet or are you still in Fiat?
Pato99
⋅
@fulrik, yeah i was off for a week and the bull continues
fulrik
⋅
@Pato99, Mutual feelings. Hehe kind of sucks to have made the right decision but didn't find a decent way back in. Currently 85% Fiat. Considering buying back in so I'm 50/50 BTC/Fiat.
Pato99
⋅
@fulrik, the pull back is a buy since it hit exactly the channel bottom so a 25-35% correction was very likely. it didnt go down on the second arrow so i didnt sell