Whales have unloaded their bags to saylor and plebs at 100k
I assume they will be interested in buying again between 45k and 39k
This will be the ultimate test for Saylor to prove he has diamond hands.
Even if we don't dump this hard, it seems good to derisk and wait until markets cool down. Also, government reduction on the strongest currency in the world is bearish for risk assets.
I will reduce my trading until good opportunities arise.
I assume they will be interested in buying again between 45k and 39k
This will be the ultimate test for Saylor to prove he has diamond hands.
Even if we don't dump this hard, it seems good to derisk and wait until markets cool down. Also, government reduction on the strongest currency in the world is bearish for risk assets.
I will reduce my trading until good opportunities arise.
Trade active
39KNote
Seems like 112k still in play, either way my main plan is 39k after top.Top could already be in, or it will be somewhere around in 112k per my estimations, lets see...
Note
108K Could very well be the top, and we may be heading into 73k after finishing a range distribution between 98 and 89kBut i could be getting too far ahead, lets see how it develops
Note
What seems clear now, is that the uptrend since 12 Nov has been broken and if you're looking for longs, try the bottom of the range...Trade closed: stop reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.