doing a lot of this lately.
expecting a retest of the trendline around $2200ish, where 5x buying pressure picks up and 2x selling pressure drops off. the 2x levels seem to be pretty reliable/high probability.
thinking we should at least get a bounce up to the 3x long level around $2590 (18%).
expecting a retest of the trendline around $2200ish, where 5x buying pressure picks up and 2x selling pressure drops off. the 2x levels seem to be pretty reliable/high probability.
thinking we should at least get a bounce up to the 3x long level around $2590 (18%).
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looking considerably more risky than it was yesterday, so i'm proceeding with caution. prob still do it cause i'm a degen, but with a much smaller position. the H&S pattern suggests we could drop further than $2200, like $1850ish.
Comentarios:
might go a little lower, waiting for BTC to get down <$32K where i'm expecting a bounce. assuming ETH will follow.
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love waking up to see i caught my entry within 0.02% of the bottom. trailing stops here in case it doesn't make it up to the $2590 target. got greedy with the entry, can't press my luck and get greedy with the exit too. it's really difficult to unlearn all the bad habits i get into during bull markets.
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wish i stayed greedy with my exit. hit my trailing stop about half way there. oh well. should be a bunch more of these while BTC climbs up to retest some of those higher levels. all eyes on BTC.
