Is BTC the biggest shitcoin around ?
Updated
BTC used to be king, but is actually plagued by all kind of problems : technically outdated, slow, expensive to transact with.
Maximalists are trying to spread the narrative of digital gold, but when you think 2 minutes this is non-sense.
Some prominents useful idiot on twitter are trying to pump it -- "last time below 10k", etc --- but the market will hammer them.
Right now, I'm seeing a nice short opportunity on BTC.
- BTC is not able to break through the MA50
- and a bearish flag is formed
Good luck, and don't forget stop losses.
Maximalists are trying to spread the narrative of digital gold, but when you think 2 minutes this is non-sense.
Some prominents useful idiot on twitter are trying to pump it -- "last time below 10k", etc --- but the market will hammer them.
Right now, I'm seeing a nice short opportunity on BTC.
- BTC is not able to break through the MA50
- and a bearish flag is formed
Good luck, and don't forget stop losses.
Trade active
Trade closed manually
Comment
Reflecting back to this trade : although my analysis was proven to be right, it's also important to respect bigger charts figures to have an excellent entry.To everyone that shorted this shitcoin and made money, congratulations !
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.