Unbelievably flake-free hair.. oh wait - wrong Head & Shoulders
Analysis wise - we are sitting right on the fence between upward and downward motion.
I have slightly re-evaluated my inverted head and shoulders chart that I've posted a lot about recently, with the shoulders in a slightly different place, but the travel of the market from here and head target have remained the same.
Remember I was pretty clear about needing to revisit that 6800USD which we did today ($6888 to be exact)
Until I receive confirmation otherwise, I will remain bearish in the short term and confident in this pattern playing out and retesting that downtrend perfectly.
I have a possible bullish scenario in play also, which I will post shortly.
Until then, I just want to make sure I am doing my best to warn about a potential price decrease, just as I warned about the liquidated shorts we seen this morning, so that people can make an informed decision on their trade behaviour as to not get rekt.
Nothing sucks more than seeing people get super excited about some green sticks, just to see them get ripped away again unexpectedly.
Either way, we SHOULD Moon Soon. Its a matter of when.
As usual, not advice, no no no baby no. This just just an educational look at a potential price action. Lets say that again. POTENTIAL. I ain't no professional financial advisor yo, so make sure you chart your own charts and never take advice from anyone, especially me, because I like peanut butter and onion sandwiches and Im told thats makes me batshit crazy.
Chur
I have slightly re-evaluated my inverted head and shoulders chart that I've posted a lot about recently, with the shoulders in a slightly different place, but the travel of the market from here and head target have remained the same.
Remember I was pretty clear about needing to revisit that 6800USD which we did today ($6888 to be exact)
Until I receive confirmation otherwise, I will remain bearish in the short term and confident in this pattern playing out and retesting that downtrend perfectly.
I have a possible bullish scenario in play also, which I will post shortly.
Until then, I just want to make sure I am doing my best to warn about a potential price decrease, just as I warned about the liquidated shorts we seen this morning, so that people can make an informed decision on their trade behaviour as to not get rekt.
Nothing sucks more than seeing people get super excited about some green sticks, just to see them get ripped away again unexpectedly.
Either way, we SHOULD Moon Soon. Its a matter of when.
As usual, not advice, no no no baby no. This just just an educational look at a potential price action. Lets say that again. POTENTIAL. I ain't no professional financial advisor yo, so make sure you chart your own charts and never take advice from anyone, especially me, because I like peanut butter and onion sandwiches and Im told thats makes me batshit crazy.
Chur
Don't forget this is never financial advice, simply some ideas thrown around for discussion and contemplation.
Always check your your own charts, like you check after sharts
Always check your your own charts, like you check after sharts