So, I've been closely following the price action over the weekend; trading 15-min set-ups just for fun ... and I gotta say I'm pretty impressed with how well the bulls did.
Now on this chart I'm looking at a 12h time frame with the price upside-down.
Why? I've always found it sort of cleansing to zoom out and stand on my head for a while. Also, I like to look at things from all kinds of angles and challenge my biases ever so often.
That being said, I still hold the view that this blue area could do with some further consolidation.
That would actually be very healthy.
Let things cool down, bore some people out of their minds, set a new floor and start climbing up again ...
BUT: the time for all of that might also very well be running out — there's shit ton of money out there looking for opportunity
and people both smarter and richer than me are silently accumulating every single one of these current "dips", or so they say —
It might be that I simply caught a case of FOMO.
But I'm feeling bullish!
Having watched price action that closely over the last couple of days I have to say, I see very little weakness right now.
Whats lacking is some serious volume on any of these moves.
It will come eventually and when it does come the direction will be clear ...
I'm long, but I'm always long and I'm always bullish but I'm also always protected.
So, whatever .. but, gosh, I wish I could get another shot at $10300K and long the effin' fxck out of that dip, but that might just not ever happen again ...
Stay save out there,
protect your longs,
& find safety in sats!
Now on this chart I'm looking at a 12h time frame with the price upside-down.
Why? I've always found it sort of cleansing to zoom out and stand on my head for a while. Also, I like to look at things from all kinds of angles and challenge my biases ever so often.
That being said, I still hold the view that this blue area could do with some further consolidation.
That would actually be very healthy.
Let things cool down, bore some people out of their minds, set a new floor and start climbing up again ...
BUT: the time for all of that might also very well be running out — there's shit ton of money out there looking for opportunity
and people both smarter and richer than me are silently accumulating every single one of these current "dips", or so they say —
It might be that I simply caught a case of FOMO.
But I'm feeling bullish!
Having watched price action that closely over the last couple of days I have to say, I see very little weakness right now.
Whats lacking is some serious volume on any of these moves.
It will come eventually and when it does come the direction will be clear ...
I'm long, but I'm always long and I'm always bullish but I'm also always protected.
So, whatever .. but, gosh, I wish I could get another shot at $10300K and long the effin' fxck out of that dip, but that might just not ever happen again ...
Stay save out there,
protect your longs,
& find safety in sats!
while i didn't lose anything here, I just couldn't have gotten more bullish at the wrongest of times .. lessons to be learned.
Bought the dip, but I'm out of short term speculations.
let's see where we can take this from here ^^