prefabsprout

Pullback in this channel?

Short
prefabsprout Updated   
CRYPTOCAP:TOTAL   Crypto Total Market Cap, $
Headed to the bottom of this channel? And would that bring us back into the larger Daily downtrend? And resolve that this has been another Bull Trap?
Comment:
just loaded up on more shorts.
Comment:
this candle was good indicator of what the new week might bring imo.. DOWN
Comment:
sideways awhile then dump
Comment:
regardless if this is a breakout or not a pullback to 960 seems inevitable.
Comment:
dumipng
Comment:
prob a reversal candle here but dang one more solid red candle down and we have meltdown.
Comment:
wondering if we will breakdown out of this channel or move back up to the top of the channel.
Trade closed: stop reached:
good indication we are moving back to the top of this channel.

Related Ideas

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.