The mood on the market is depressing, there is no faith in growth, the chart is going down and it seems that it will never start its growth.
Chats in general are silent or shorting, I don't see any mood to buy back.
In addition, Bitcoin is growing and growing, and viola... Eh.....
If the market is in such a mood, my task is to look for longs.
The current situation reminds me of December 2022, when everyone was waiting for Bitcoin at 12000....
If you forgot your mood on those dates, remember the fresh one from August 5, 2024, that was the disappointment).
I agree that we can break lower, but it's not like I'm trading limiters) my goal is to see the beginning of a takeover, limiters are for the crowd)
I suppose the price will go down, in this case the idea will be updated, because the nature of the disappointment will change.
This idea will be updated, don't miss the updates!
Chats in general are silent or shorting, I don't see any mood to buy back.
In addition, Bitcoin is growing and growing, and viola... Eh.....
If the market is in such a mood, my task is to look for longs.
The current situation reminds me of December 2022, when everyone was waiting for Bitcoin at 12000....
If you forgot your mood on those dates, remember the fresh one from August 5, 2024, that was the disappointment).
I agree that we can break lower, but it's not like I'm trading limiters) my goal is to see the beginning of a takeover, limiters are for the crowd)
I suppose the price will go down, in this case the idea will be updated, because the nature of the disappointment will change.
This idea will be updated, don't miss the updates!
Trade active
I got one stop and opened one trade in continuation, a bit on the wrong size of entry, but tolerable, the plan is to wait for the price to draw and join the movement. But not right now, let the market go to the rightMore frequent updates on alta and bitcoin on my morning breakdowns
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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.