Well that's what I see, but you know better than me to never enter a btc trade without stop loss! I would rather through my money away than entering a btc trade without sl.
I'm not making a trade on this yet. Post your thoughts please. Is it a bullish divergence forming? If not why? Looks like it goes to form an ugly bearish bat but It's too soon to call it. It has enough volume behind it though to juice it for a short up rally it seems. hmmm... bullish or bs?!
I give it a 70% chance to hit $8,400 soon. Not much but that's all I see for now. Maybe I should wait a little bit.
Based on the current movements, a short term short is in the horizon. Lots of swings which I love.
I'm done with this market and all the pump and dump headache. It does not make sense anymore. Moving all funds to forex which is much more stable than this mess.
I think P&D decides where we are heading and TA can predict only 10% of times. It only takes 4k BTC to change the direction of the chart.