BitBear - Difficult Short Setup
Updated
Trading is never EZ.
All I can do is pig pivot when the price action proves me wrong.
-BullishBearishorPiggish
BITBAY:BTCUSD
BITBAY:BTCUSDT
BITPANDAPRO:BTCEUR
All I can do is pig pivot when the price action proves me wrong.
-BullishBearishorPiggish
BITBAY:BTCUSD
BITBAY:BTCUSDT
BITPANDAPRO:BTCEUR
Trade active
My first thought is that the market is out of things to pump, so now they've wandered over to Bitcoin for a re-up of stimulants.I still think BTC is a bear here, but I wouldn't put my money on it in either direction. Double whipsaw after so much time to form this painfully long sideways correction [consolidation] doesb't seems right.
My last thought is how do I pump an altcoin up on stocktwits?
Trade active
A thought for anyone who cares/wants to comment - what do you think of the idea that these institutions pre-meditated these pumps all along, by carefully provoking the right crowds - but not just because of the money earned from the individual pump and dumps - but rather to distract the masses/show the new market that it can selloff hard?It is an impossibility that the nearly infinite levels of institutional liquidity could legitimately get squeezed in a small individual equity market (since a single mom & pop hedge fund is likely larger than GameStop in terms of market cap).
It is also an impossibility that the mainstream media has possibly become more intelligent over the past year or so.
Any and all comments - even completely rude or unrelated - are welcomed.
Note
*Was bigger in terms of market cap a week ago.Note
oh boy. this might rip down soon.Trade closed: stop reached
Prob going to like 42k on this bump and run double three, or triangle, depending on how irritated it wants to make its traders.I am not irritated because I do not care to trade difficuly triple whipsaws with 10,000 point implications on either end.
Would rather get squeezed every day trying to ensure that the easy equity short setups remain as I imagine them to be. Oh wait..
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