Expecting BTC to play out as follows over the next few days:
1. Short down to set a false bottom
2. Set final high
3. Short down through false bottom and liquidate late longs
4. Fail to set new high - cue bearish sentiment
4. Break up to challenge ATH
- Unclear on ALT behaviour at point 2, I seem to remember price declines under this pattern but this is not in my historical notes.
- These patterns and timeframes are never constant but the structure of them in order to trap and liquidate folk should be constant.
Just and Idea and technically neutral but closed my long and now short on BTC. Playing a game to 2x investment via via 3x leverage in 8 days based on the pattern, levels and compound interest - technically I think only 97% gain is possible but off to a good start ;)
Best, Hard Forky
Long
If this plays out I will need to adapt the mid-term plan to a more bullish leaning
1. Short down to set a false bottom
2. Set final high
3. Short down through false bottom and liquidate late longs
4. Fail to set new high - cue bearish sentiment
4. Break up to challenge ATH
- Unclear on ALT behaviour at point 2, I seem to remember price declines under this pattern but this is not in my historical notes.
- These patterns and timeframes are never constant but the structure of them in order to trap and liquidate folk should be constant.
Just and Idea and technically neutral but closed my long and now short on BTC. Playing a game to 2x investment via via 3x leverage in 8 days based on the pattern, levels and compound interest - technically I think only 97% gain is possible but off to a good start ;)
Best, Hard Forky
Long
If this plays out I will need to adapt the mid-term plan to a more bullish leaning
Comment:
on its way
Comment:
almost there:
Comment:
adjustment in timing but hit the mark:
