WE ARE IN YET ANOTHER S.TRIANGLE, AFTER MOST GOR REKT
AFTER THE PUMP AND DUMP ELON MUSK BITCOIN TAG IN HIS BIO, I TELL EVERYONE THEY NEED TO LEARN RISK MANAGEMENT AND #1 REASON MOST ESP NEWBIE TRADERS GET REKT IS USING HIGH LEVERAGE ANYTHING OVER 5x IS HUGE RISK IF U ARE NOT EXPERIENCED TRADER, well my position will be long as i think we have hit our lower lows for the 24 hour period last night so maybe a small downside action this morning before we pump up bullish and have a breakout above the s.triangle and we will mostly likely see a higher high and a 1 ATR AVERAGE TRUE RANGE daily pump of say 3500 to 4k move, its been bouncing back and forth from higher high to lower lows in that range of 1 ATR , except for that pump and dump which got most rekt as bitcoin went up almost 4k in 1h candle just to hit major resistance from the bears that pushed the price back down the same amount in the next 1h candle telling us they were in charge for the remaining part of yesterday, so in this tug of war between the bulls and bears and who will win is anyones guess and i dont think this is a game of technical analysis but more of just gambling right now which way bitcoin will move as we get chopped up up and down so tread carefully my bitcoin trading family.
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