three long green bars pop up on the screen and scream "BUY!" at you, but I'm not too confident this will last. We'll see in the next hour what happens. I' don't think we're out of the ballpark yet. I believe that this will test again at 3800. Hell, it could do that a few times, moving lower and lower, until we reach a steady low point to rally at. Then, it's fighting time and the bulls give those bears hell.
@BTCUSDRoger I'll say I'm 90% on this.
I shorted at 4960, 4800 4700. I've closed the 4600 and 4500 shorts this morning when we made a new low because I was expecting this bounce. Happy trading
BTCUSDRoger
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@ImmortalTrader, holding 4340 short now lost lots of savings hope this gets better a hint here and there would be great thanks
BTCUSDRoger
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Shorted at 4340 lost lots before hope your right im noob and glad of any good advice. Thanks allready
jarsonintlrec
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@BTCUSDRoger, I'm a newb too and you never know with these things. But let me ask you. What does it feel like right now? There's a ton of indecision. You can see it in the volume, you can see it in the candles. I can't see a clear indication that there's a set trajectory yet, which makes me think bearish
ImmortalTrader
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Exact same pattern when it hit 2900 before bottoming to 1700. I'm just relaxed watching this play out.
Till we hit 3800 and 3600 region this market has not corrected and we will definitely not hit another new high till this happens.
I couldn't agree more with your idea
jarsonintlrec
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@ImmortalTrader, agreed! There's still so much indecision. It's so palpable right now
I shorted at 4960, 4800 4700. I've closed the 4600 and 4500 shorts this morning when we made a new low because I was expecting this bounce. Happy trading