During the last "bull run" to $65000, Bitcoin tried three times to break the resistance upwards into the next higher channel, which it failed to do. The consequence was a series of FUD, promoted by numerous promoters, twitter bots and media. Today we are still in the lower channel. Only if we break it permanently, we might get into the the same channel that BTC...
The last 16 days of SPY have been this ever ending bullish movement. We're almost at the Pivot point, but I'm taking put options early. Expiration - March 15 2019 (56 days) Strike - 260 puts Stoploss - If SPY goes above 270.36 Target - 245 by EoM February
Keep crashing til' futures settle, repump while testing breakouts. I'd appreciate input regarding settings for color blind ppl.
Ok guys im already in this one but can try to find an entry higher up - trade with care.