Not complaining, strong chance that a 2% day up today leads to more gains. Possible short-squeeze carries us higher. Still holding to target in the 60k-65K region if momentum builds to the upside. We've had weeks of sideways movement and meme coins. It's time I think. No guarantees, no crystal ball, just buy at a good level, hodl for the tides to change. This is related to the inverse head & shoulders in my previous study. Dips have taken out most of the high-leverage from lower. Not me, but my position is slightly leveraged and very small.
Trade closed: stop reached:
I'm out.
Didn't lose money, but...
Didn't lose money, but...
Comment:
Taking a couple of days on this. Not selling my crypto but I think we are no longer in a bull market. When I get back to trading BTC, I will be fairly neutral. Funny, I'm often shorting it, but the moment I decide to take a long with conviction, get a great price, build a good position, this happens.