For those who are overleveraged or invested money that you cannot afford to lose, please do not read this.
I do not want to give unhealthy hope, or despair to anyone.
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For those who nibbled a little like me,
who entered at around 30k (with 20% of my total expected holdings...)
I think this is a fakeout, and that triangle will soon morph to another STUPID SHAPE/PATTERN that people will pay too much attention to.
I always look for a 1:1 bounce following a base-rally-retrace setup.
PRICE HAS YET TO DONE THAT! (unless you consider point (y) as the base before the rally, or if (x) to be the retrace.
Also, there is so much negativity, as compared to the previous 2 bursts. Too many people are expecting a big burst... And the market always do the opposite of what we expect.
Everyone is expecting a 70-80% crash, and somehow I think it won't happen... Yet.
So those with small positions, HODL on.
Keep dry ammo to buy more if it drops.
I am at a position where I am invested so little that if price rise, I would be SAD and if prices fall, I will be sad because I lost a decent amount of money.
A sad-sad situation (or happy-happy scenario) is the best.
Find your balance.
Trade/invest safe everybody.
Look at my related idea, BTC - Zones below for further entry points.
I do not want to give unhealthy hope, or despair to anyone.
-------
For those who nibbled a little like me,
who entered at around 30k (with 20% of my total expected holdings...)
I think this is a fakeout, and that triangle will soon morph to another STUPID SHAPE/PATTERN that people will pay too much attention to.
I always look for a 1:1 bounce following a base-rally-retrace setup.
PRICE HAS YET TO DONE THAT! (unless you consider point (y) as the base before the rally, or if (x) to be the retrace.
Also, there is so much negativity, as compared to the previous 2 bursts. Too many people are expecting a big burst... And the market always do the opposite of what we expect.
Everyone is expecting a 70-80% crash, and somehow I think it won't happen... Yet.
So those with small positions, HODL on.
Keep dry ammo to buy more if it drops.
I am at a position where I am invested so little that if price rise, I would be SAD and if prices fall, I will be sad because I lost a decent amount of money.
A sad-sad situation (or happy-happy scenario) is the best.
Find your balance.
Trade/invest safe everybody.
Look at my related idea, BTC - Zones below for further entry points.
Comment:
This is a what I expected to see, which has yet to happened.
Comment:
