I have been bullish for BTC over the last month. Doubled my account during this period of time. I was expecting a pullback after hitting the -OB we just went through. Most of my position is already closed which might turn out to be a bit premature. Ideally we would retrace into that 260 area where a +OB lies.
Top trader sentiment has been remarkebly bearish throughout this pump.
After this retrace I would be aiming for the next -OB I have drawn. Last time we pumped the ddos could have very well been the only reason we got that high. Where 293 might have been the top otherwise.
Looking to be patient and reload in any 4HR +OB's. Until we approach the 290-300 area. Keeping in mind the upcoming US marshall auction on Nov 5.
Once in this area be careful shorting cause you know;
MAYBE THIS TIME IT IS DIFFERENT :)
Top trader sentiment has been remarkebly bearish throughout this pump.
After this retrace I would be aiming for the next -OB I have drawn. Last time we pumped the ddos could have very well been the only reason we got that high. Where 293 might have been the top otherwise.
Looking to be patient and reload in any 4HR +OB's. Until we approach the 290-300 area. Keeping in mind the upcoming US marshall auction on Nov 5.
Once in this area be careful shorting cause you know;
MAYBE THIS TIME IT IS DIFFERENT :)