Short now, long entry 8.8 - 8.9. Anticipating a violent dump to build up momentum for a parabolic pump
Here's an update for anyone interested. For everyone who shorted 10k with me, we're right where we wanna be for retirement March 2020 (lmao). Anyway, we're in this consolidation channel imo, threw in a some extra doodles for ya'll see dif scenarios. A total collapse to 3k would be absolutely beautiful for accumulation, but it's hiiighly unlikely imo. NOTE: THIS...
My conspiracy theory; profit-grab dump to revisit 8.8k before we move up through the 10k mark. Shorting w/ tight stops.
Title says it all, here comes the bounce from high 9.2's to 9.6? Tight stops.
Here's a few quick 'n cute doodles why I'm short to 8.9ish, tbd on how it plays out because, hell, it's bitcoin. lol.
In this alternative to my previous hypos, here we can see "Exhibit A: Pipe Dream" and I'm going to blindly hope this is the direction BTC moves long term.
We hit my short price target for a long entry but I'm not sure if I trust it, here's a first draft of one idea. Tryna look at this from all angles. Everyone was hyped for the BTC Futures launch pump and it was a complete dud. Now we're all hyped for the halving pump, what if that's a dud too? (followed by a much later rally) Feb is typically bearish. Trying to...
This is part of my mini docu-drama horror series where we all lose our shirts trading bitcoin. Neat! Short to the gutter? TBD.
Literally just making this up, not financial advice lmao. Shorting to 8.450, longing to 9.8.
Short now, free money, not financial advice. Tight stop in case of pump.
My bet is a quick dump to 7.7ish to shake out the longs, then a pump to shake out the shorts. Same pattern happened twice now on the hourly. Not sure if I'll enter trades off this projection though. Will watch to see how this plays out, could absolutely dump hard to 6k before seein a massive rally. Currently in descending triangle? hmmm.
Cute pic, might delete later idk. How I learned to stop worrying & love the dump: It always goes back up... eventually.
Bakkt launch was obviously already priced in, THE UPCOMING HALVING IS NOT!!! NOTE: Long-Term trade, not for HFT trading. Anyway, Was hoping we'd get to 7.2-7.7ish, we still might get a small dip but that window wouldn't stay open very long if we get the chance. IGNORE FUD, GET READY TO LONG. If you've seen my previous posts, here's a quick recap where we're...
If anyone made trades based on my last posts, buy me a drink sometime and we'll call it even lmao. Short closed at 8.2k, hitting major support zone, look for a bounce now. CLOSE SHORTS, LONG HERE!
High frequency Trading; Anything above 10k is a great diving board imo. I said it once but I'm reiterating it.. "Last time to buy under 10k" has happened even MORE frequently since the last post I made about that. 7k is target, 8k to be safe. OR we could all blindly long with the expectation that BTC will double over night from this point because that's what all...
Just posting these doodles because if they end up right I'll look like a prophet. Shorting anywhere in the 10,450-10,380 range is ideal imo. Not financial advice lmao
This is a scenario that I'd define as "Neat!". I'm still long-term bearish to 7K but I wouldn't mind a higher cliff to dive off of before then! ;)
Short opportunity of a lifetime heading into October, then long from 7.1K. Hedge position in a short during the breakdown, then long during accumulation before liftoff. IMO, a new ATH needs momentum, something the current descending triangle doesn't have. Could be totally wrong though, so do what you will. SHORTING: 10.4K to 7k LONG: 7K to ATH.