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UnknownUnicorn2012266
Nov 6, 2020 12:57 AM

BTC drop incoming --load up Short

Bitcoin / United States DollarCoinbase

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Nice rejection

Trade closed manually

first drop of 1k did provide some profits and break even entries, looking for next wave now
Comments
wordsforthewise
so far you have it
UnknownUnicorn2012266
@wordsforthewise, still got it :)
wordsforthewise
@ChartsMechanic, yes but looking iffy to me. I could see it suddenly rocketing up to 20k out of nowhere for no good reason
UnknownUnicorn2012266
@wordsforthewise, all the more reason to think drop is incoming --retail sentiment is always the counter trade
wordsforthewise
@ChartsMechanic, Good point, but not always. Retail has been pumptarded for months in the general market and been right
UnknownUnicorn2012266
@wordsforthewise, always a chance for spike in btc --can go nuts too but its behaving same with other financial markets for a while
aownshah
Good Analysis
Benny20AU20
Euro session ?
UnknownUnicorn2012266
@Benny20AU20, most likely but usually they drop it on unusual times
wordsforthewise
why do you say that? how do you know?
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