The further the price drops, the closer to the end of the drop we are, and the riskier it is to open a short position.
The risk-return relationship begins to not pay off.
Despite all this bad news out there, I still see the sun shine and I still see children playing in the park...
The risk-return relationship begins to not pay off.
Despite all this bad news out there, I still see the sun shine and I still see children playing in the park...
Note
The price is in the retraction of 38.2%, in a troubled region.The question now is whether the price will go straight to the 50% retracement, or whether it will go back into the blank parallel channel.
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To contribute to my work:
⚡Bitcoin Lightning: forwardocean64@walletofsatoshi.com
🟠Bitcoin: bc1qv0j28wjsg6l8fdkphkmgfz4f55xpph893q0pdh
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⚡Bitcoin Lightning: forwardocean64@walletofsatoshi.com
🟠Bitcoin: bc1qv0j28wjsg6l8fdkphkmgfz4f55xpph893q0pdh
🔵PayPal: paypal.com/donate/?hosted_button_id=D9KRKY5HMSL9S
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.