Tight stop above 62k.
Daily candle close resistance line.
Previous resistance before all time highs.
If it falls to 53k I believe this is the final top. 53k was the high we made a few months back. Expect it to be short term support before we drop again.
If it goes over 62k I'm probably done looking for bearish opportunities for a while. I really don't think we're bullish because too many newbies are bullish. I feel they must be punished.
Never follow the herd.
Daily candle close resistance line.
Previous resistance before all time highs.
If it falls to 53k I believe this is the final top. 53k was the high we made a few months back. Expect it to be short term support before we drop again.
If it goes over 62k I'm probably done looking for bearish opportunities for a while. I really don't think we're bullish because too many newbies are bullish. I feel they must be punished.
Never follow the herd.
Comment:
Updating my short. Going to stay in it for a while past 55k. Hoping to see 35k in a week or two and i'll close there if it happens. I think it's possible we are going to go down more violently than i originally thought now.