why do i still consider this?
Updated
i am not sure, i find it difficult to take a trade solely based on nothing more than a fractal that is subjectively picked out.
however, i find it interesting, and often times i can find these types of strange patterns and wait for confirmation of the idea before acting, so it is more safe and i can be prepared.
for the most part, i am expecting bitcoin to pull back to 9450 and bounce hard, but in the event that it doesnt and we find ourselves with a more bearish scenario than it seems anyone presented, maybe remind yourself of this little meme.
my experience has taught me to keep an open mind and bear consistent principles when deciding what is worth a trade and what is not. using these parameters, i find i can more freely develop a stylistic approach based on pattern recognition.
i hope you enjoy, i am sorry for ranting i just figured i always scribble, why not share and explain my thoughts
however, i find it interesting, and often times i can find these types of strange patterns and wait for confirmation of the idea before acting, so it is more safe and i can be prepared.
for the most part, i am expecting bitcoin to pull back to 9450 and bounce hard, but in the event that it doesnt and we find ourselves with a more bearish scenario than it seems anyone presented, maybe remind yourself of this little meme.
my experience has taught me to keep an open mind and bear consistent principles when deciding what is worth a trade and what is not. using these parameters, i find i can more freely develop a stylistic approach based on pattern recognition.
i hope you enjoy, i am sorry for ranting i just figured i always scribble, why not share and explain my thoughts
Note
idea is in play.Note
figured i'd update this idea, i believe we have topped out mid term with the monthly close yesterday, will likely see 5keks again within 6-12 months and it will be a buying opportunity. i am staying 1.5x short my stack and taking a break from crypto until the price is much lower or i get stopped out around 10.5kgood luck to everyone, happy trading
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