Potential Quasimodo Pattern Playing Out On BTC
Updated
There's a chance that a Quasimodo swing might be playing out on BTC after making a run for 10,1-- today. Might be a good chance to pick up on the dip into the 9700 - 9900 area.
NOT a short call. I think BTC is prepping for a big run to ATHs (don't mock me if we dump to sub 8k). I still have most of my long from 9440 open and will add to my position if good ole Quasimodo plays out and we dip into the 9,7-9,9 range until my avg buyin is around 9550-9600 where I'll update my stop to.
NOT a short call. I think BTC is prepping for a big run to ATHs (don't mock me if we dump to sub 8k). I still have most of my long from 9440 open and will add to my position if good ole Quasimodo plays out and we dip into the 9,7-9,9 range until my avg buyin is around 9550-9600 where I'll update my stop to.
Note
Dip hit right where expected. If buyers don't step in now to retest around 9950-10000 and form a slumped shoulder, I'll probably pull my bids from the 9700 range and just watch how far down sellers want to push. Leaving bids for now.Note
Pretty good bull push up into resistance. It's possible that BTC may not hit buyzone. Not going to chase it, just going to let my current trade play out and pick up the dip if it happens.Note
Still holding my long from 9440. Momentum has been on the side of the bulls so I added to my position on a pullback at 10,050 to bring my average by in price just shy of 9,700. Good R:R trade with a 12x return so far:imgur.com/rrNrHfw
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