Possible Bart Simpson Pattern, we are not in a bullish Trend, so Normally buy the support and sell the resistance,
Anyway, I keep tight the stop in case the market reverse.
$SSD just broke the resistance for cup with above average volume. RSI is just a concern which is below the trend. After good q2 results expect to get the target price
12 months Consensus Price Target: $74.33
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Thx
Not very keen of this price action, I would typically wait for the week-end close / Monday open before forming any directional bias.
That said, from a ranging standpoint, a break and close above 9470$ would open the door for scalp-longs towards 9800$ with a stop below Sunday low.
Tiny size if I ever trigger, will probably half risk it considering I would...
The current market volatility is beyond my limits and I decided to stay away from it and have some fun.
Yesterday we saw a crazy price action in BTC market and I kicked out of my trades on Binance.
In that time, I kept my eyes on order book and I saw some good stuff there.
Just look at this screen shot:
i.imgur.com
Whales sitting down there to buy cheap...
Hey buddies welcome to my simple-funny chart. You know, nowadays we have new Bart Simpson pattern because of bitmex's speculators. There is always big drops before big rising. And same for inverse. We should used to it.
I think another Inverse-Bart Simpson pattern on the way, volume was not bad.
