Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc
S&P 500, Nasdaq 100, Dow 30, Russell 2000, U.S. Dollar Index, Bitcoin Index
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Bitcoin long expectations v2 update Setup is completely invalid due to the drop
I'm always keeping my position in short, but I adjust it based on if I think we'll get a bounce up or not. Opened a position $275~, targeting mid 260s. Keeping position size of this trade small, as it's not that rewarding and not really confirmed.
My targets for covering. Bounces are expected and possible - probably <$10 bounces to be seen.
Chance of it happening is a lot higher than last time.
I drew the price prediction line on the 25th (red dotted line). Checked this chart today and the price followed extremely close to it both in price and timeframe. I thought it was very interesting indeed... I couldn't remember how I drew it at first, but then I realized it was me drawing/cloning basically a smaller version of what happened since the previous...
This is kind of a follow-up idea with better analysis to my last post which I started shorting from. Most likely scenario is for us to drop down to that area I mentioned. 360s. But that's a really good area to buy at. The market has been leaving the triangle a little bit but hasn't spent much time there, and a lot of the time longs might get trapped there and...