I hate to do this, last one of these I did eventually came to fruition much to my chagrin. However, the chart doesn't lie. I don't want this to happen but it appears an even bigger $BTC crash is a risk here. Obvious pivot level to confirm lower is $30k.
My suggestion on how to play this is to wait for $42k for higher and $30k for lower. Otherwise it is a range until about 6/9. If the break out hasn't happened by next week the whole pattern is invalid, imo. It would be wise to raise some cash now in anticipation of a breakup or break down. Have target or limit orders set upon a 4hr confirmation break to the downside.
Live long and prosper nerds
My suggestion on how to play this is to wait for $42k for higher and $30k for lower. Otherwise it is a range until about 6/9. If the break out hasn't happened by next week the whole pattern is invalid, imo. It would be wise to raise some cash now in anticipation of a breakup or break down. Have target or limit orders set upon a 4hr confirmation break to the downside.
Live long and prosper nerds
Comment:
Ugh, playing out exactly as it should. Means $BTC $3k is possible now
