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
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Recent PA invalidates this idea Fighting to hold support at 9800 It may drop lower
Trade closed: stop reached
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FLIPPED TO SHORT SELL ftx perpetual futures ( for ref link send msg) Target maybe as low as 8000 Trailing stop 100
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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