Tradingview gurus are mostly bearish with top posts about another drop, yeah people want to see BTC is going down, too many people. Why market do exactly the opposite of what people want?
Oi analysis
Every down move bring enthusiasm on bitmex. Every up move bring no enthusiasm at all. Retail traders want to short, so we should let them to do it in peace.
Binace futures - the same shit
Big guy on binance spot doesnt want it to go down, and he is strong
Overall, i will wait one more day, monitor it and probably will go long. Will post my entries later
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what is going on in my mind ---
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we pump, every body will be like yeah break and shit, we complete this wyckoff distribution and then we dump
Trade active
7120
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stop loss - 6650
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trailed stop loss. 0.2% higher than entry to cover fees
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At this point expect anything to happen
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maybe liquidation hunt, maybe uptrend maybe anything, wait and time will give us a clue
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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.