Are we going up yet?
Updated
We may have just gotten front-run on both the .618 and the triple bottom. It's too early to tell, but I jumped in just in case.
Presenting a massive triangle idea here. Seems probable that we will bounce higher, get rejected again and then make another higher low.
After that we'll re-enter the 40's so, if I lose some money in the short term by not catching the bottom, I have to maintain that we will make a higher low in any case and rocket higher soon enough.
Tired of these whale games, price needs to just go where it's supposed to go already. It's probably best to take the safe route however and wait for confirmation.
Presenting a massive triangle idea here. Seems probable that we will bounce higher, get rejected again and then make another higher low.
After that we'll re-enter the 40's so, if I lose some money in the short term by not catching the bottom, I have to maintain that we will make a higher low in any case and rocket higher soon enough.
Tired of these whale games, price needs to just go where it's supposed to go already. It's probably best to take the safe route however and wait for confirmation.
Trade closed manually
Looks like we might be going down more. I still think we'll get a higher low, but that could mean we go all the way down close to 28.8k again. I'm not willing to ride this all the way down to there, so let's see if this goes lower first.
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.