Bitcoin Pump then dump?

H4 pump coming out of diagonal resitance and approaching horizontal resistance on LTF.

H4 close 3 hours away. Too many fake outs to feel confident here. Don't get too excited until H4 close above 42700.

Short squeeze could happen first and get shot down quick...#bitcoin

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Top 10 trading tips:
1. DO NOT FOMO into a trade. Let it come to you. Don’t force it.
2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind.
3. Let your winners run and cut your losers short.
4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win!
5. Before you enter a trade, know your target AND your exit strategy.
6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven.
7. Set your trade parameters up front so you keep your self accountable and remove emotions from the equation. (stop loss, take profit levels, etc)
8. Don't fight the trend. The trend is your friend.
9. Don’t enter a trade based on one indicator.
10. Horizontals > Diagonals

Please note:

- This is not financial advice.
- I do not take every trade I post.
- Never trade off of someone else's chart until you DYOR!

Note

oooof don't want this to be the H4 close. Bad look...

Note

#bitcoin at a minimum, this H4 needs to close above last LH at 42300. Preferably, would like to see the top SFP reclaimed on this H4. Def don't want to see a close below 42300...super bearish if so IMO.

Note

Got the H4 close we needed and one more to ensure it isnt an immediate reversal would be gravy to lock in 45.7

DaCryptologist

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DaCryptologist

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