rarely does a pattern this defined hug a resistance or support for this long and not break it and pahmmp. im 8x rn.
As reality emerges, value will bubble to the top.
cant even get the initial dcb? should be bouncing id think might get nuckin futs around here
lol are you kidding me. i have another 70 yrs on this planet, which side would you take on this chart if you were me?
this is my life blood. Let the pump take her back up to that 291 area and drop the world on their head. Id be surprised they make it out above 280 this week without serious interventions. Which again, would just trigger us even more.
three touches makes it a pattern. one break tho... should be getting going soon.
imo, these usually break. simple target with the fib. but this a macro long play, attempting to catch a knife. So far so good. just one cut.
Its like 2009 in reverse. 9002? no, u know what u mean.
shure do look like the same kinda action at the 302 top. Just whistling now. (also my puts are underwater so looking for bias confirmation)
I think bulls would have to show tremendous strength here.
Just doodling on a lazy sunday. Had to delete the old post from 5m ago to update the Weekly indicator TLs. 261 is my target for a breakdown monday. Bull case is 307 and 326. Having a lot of fun lately. Really good time to be a trader. lucky ducks. Thank god we are done with the grinding.
Yikes. That wick below the setup trendline is not fun. As previously mentioned the divs are insane. when you consider this is a weekly--look at that overbought condition two years ago and the ensuing div. its ugly af. I was thinking more aths soon, bearish aths (just to 307 area), but now i must consider a full on breakdown here. Shouldnt be wicking like...
happy about lowering my position after selling last week, even if its just 50 bucks. While we could break down here and send btc into the 6ks, then 4ks, i am willing to risk it. Too many indicators and patterns to ignore this.
Something big is dropping this weekend. Havnt seen this setup in a whiiiiile. What a time to be a trader.