my thoughts
as of now im personally not worried of the way things are going, ive been waiting for the fear and greed index to hit fear witch according to the crypto fear and greed its at a big support/resistance also if you know much about trading higher highs and higher lows is considered an upstrend witch hasnt been broken in my opinion were still in an uptrend were making higher highs and higher lows until there is a close below the bottom trend line the trend is still up. on another note all top traders are shorting the market that doesnt their positions wont get wiped out just like all the longs that got wiped out last week luckily i wasnt apart of that i actually bought the dip lol but until i see want i want i wont be posting a trade setup as of now im not overly bearish and you shouldnt be either but there could be more downside if the trend breaks but until it breaks dont jump to any rash decisions. any time the market dumps people panic sell usually at a loss but they dont know better and it sucks to see all these new comers get wiped out but if you dont know how to trade your better off hodling. i havent posted anything lately and alot of people havent but im waiting for comfirmation before i enter witch i will post as soon as i see what im looking for. if you are a trader and you have a short time frame trading strategy that works mine is bollinger bands then use it but stick to small quick trades for now until we know for sure the trend is still intact
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