So all the volume that gave us days of awesome profits is gone and now all I see is big money selling off the BTC and taking profits with series of small ABC's and they are trying to create an illusion that we are holding here but I know another big DUMP IS COMING!!! If we dont close above 37,400 then they are going to go deep. Only if they were to close above that level and then follow it with buying volume and a close above 37,700 and then follow that with a close above $38,400 would I think about going long. I am short heavy on this because I know I am safe with 25X on my second short since the wave collapsed. My first short was from 38640 with 100X and then I opened at 37,892 and that is my current position and will let it ride to $36,600 and then if I still see super bearish moves like i have all day today then I will stay in to $35,300. My thoughts are the Asian open will load money and crash it down. I could see this downtrend going to 34K easy and actually my lowest Target is $17,300
@FLASHGORDON10 HI mate; what is the name of downside indicator on this chart?
gabeeaves
⋅
Hows that working out
EricTayb0
⋅
You are the only post that is on the opposite side, and which I think is reasonable and probably where people should have already taken the profit onto hand and sit back to celebrate and drink.
Market recoveries are any time soon, or what people call "correction". Trade safe everyone.