Cant deny higher lows keep printing on chart and recent drop was bear trap
Halving FOMO plays on peoples minds
The price tested 3 times the support at 9800 and fires back up
not high volumes though
take some profit of about 50% then adjust SL for break even and keep it running
Halving FOMO plays on peoples minds
The price tested 3 times the support at 9800 and fires back up
not high volumes though
take some profit of about 50% then adjust SL for break even and keep it running
Trade closed: stop reached:
FLIPPED TO SHORT SELL ftx perpetual futures ( for ref link send msg)
Target maybe as low as 8000
Trailing stop 100
Target maybe as low as 8000
Trailing stop 100
Comment:
The flip was exactly to 8000 as I noted before, the low volume at high price was too attractive to bears. The stop saved my ass however should have stick to tje plan of older ideas where I antecipated the dump.
However I missed this opportunity as waited for dip and could not place an order as fast as bitcoin dropped on liquidations of bears leveraged shots
One needs to have a plan of orders since crypto moves very fast and market orders results in huge fees, try to do limit orders when markets are steady
However I missed this opportunity as waited for dip and could not place an order as fast as bitcoin dropped on liquidations of bears leveraged shots
One needs to have a plan of orders since crypto moves very fast and market orders results in huge fees, try to do limit orders when markets are steady
Fighting to hold support at 9800
It may drop lower