MrPipa

Shakeout before next Major leg up.

Long
MrPipa Updated   
BITTREX:BTCUSD   Bitcoin
Decided to dedicate this posting to a pathological indecisiveness trader I once knew.

Literally trading with him is like walking in mud, changing opinions and resorting to twitter for advice.

My advice don't be the masses or the sheep. Learn how to trade this game on your own, take the time to understand how this game is played.

I was once super bearish at 12k, this holds up and I become EXTREMELY bullish

PS: don't buy link until it gets to $5.xx-$6.xx.. your only going to get stuck watching the action eth, maybe even bitcoin cash.

Most of you will say this is a terrible analysis and maybe it is. Time will tell.


Currently I am long and have no shorts open.

Good luck Traders

Comment:
Expecting the following scenarios to play out on bybit:

Short term trade

Short 10820 - likely to be tested today and play it to the long.

Mid term trade

Long 10530.. you can let this ride or get cute and TP at 11050 and re-enter at 107xx
Comment:
Long trade was taken at 10530, price reached 10521.5 on BYBIT

New TP target -> 11400
Comment:
Took profit at 11050. Looks very uncertain right now.
Trade active:
Setting up short at 11065
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