Updated

7150 is gonna be the deciding level.

Below 7150 - Bearish..

Above 7150 would be bullish.

See the long term trendlines,

Dont get chopped up in this market. This aint gonna give easy setups on lower timeframes it seems. Btc can be total asshole sometime.

So till 7150 clears as resistance, Im gonna have a slight bear bias here.

Fuckin fed stop printing notes biatches!!

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also u have some sort of a pseudo h&s forming on lower tf for fucks sake this market is hard af to trade.

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Chop them to death.

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Still price consolidation atm.

Break above 7.4 would be quite bullish tbf, Just waiting here no position.

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So i aint gonna lie has been very tough to trade this chopping piece of crap.

But i am still bearish here. Till 7150-7400 area breaks i aint taking any swing long positions.

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Still range bound as long as 7400 area holds. Nothing to be done here. Worst market to trade atm. Stocks are so much better,

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annnnnnnnnnnd price just teleported to 7800 in just under 1 hour. Sorry couldn't predict this move.

Im not in any positions..i took a loss on a short position thats it. And now just waiting since forever for a swing position but market movement is not making sense for me at this point so im gonna wait for weekly to close and give some better indications!!

Trade closed: stop reached

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