Bitcoin capitulation trade * very risky falling knife catching
Might have started crashing hard.
Could go really fast.
Typically the price goes down 2 days.
Maybe flash crash 3600, suckers go long, mini dead cat bounce, then selling continues & suckers stop lossed add fuel goes down below 3000.
With all the gems and easy money I am seeing out there I am still catchhing falling knives on this ponzi... what's wrong with me?
Could go really fast.
Typically the price goes down 2 days.
Maybe flash crash 3600, suckers go long, mini dead cat bounce, then selling continues & suckers stop lossed add fuel goes down below 3000.
With all the gems and easy money I am seeing out there I am still catchhing falling knives on this ponzi... what's wrong with me?
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What a crazy ponziOh man. I want to wait for the high volume selling.
I want to get filled in that, not before lol.
Maybe wait to see big buys come in.
Could wait for the bounce but it has its own risk.
Never bought a major capitulation before. Will be a nice experience.
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Bounce 10% là imo 3650 ->4000pis drop 2500-3000 rip
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Just going to go bed.Expecting dead cat bounce to go for another 8 to 12 hours.
Then weeeeee.
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Let's do this in the next hour!
Please...
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Moved orders lower, could go a little below 2500 and bounce there, seems too heavy to bounce as high as 3250. Hope that does not mean miss out... But never know with this ponzi/pyramid/mlm.Note
Massive capitulation selling came when the price went below 200$ in 2015.So here if we bounce on 3000 that would mean capitulation comes later...
Know what? cba trading this ponzi, I will only go for capitulation, if I miss it does not matter...
When capitulation happens then I go in...
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Because of the violence of this thing and the weak bounce I reconsider and rather enter a bit lower.
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Pumping / wasting my timeNote
If we get a denial bounce here I'll wait for 1500-2000$ to long capitulation...Note
2011 capitulationI'm so tired watching this ponzi I had some stocks to TA, they are unironically more important to work on and I'll make more money with that. I have an addiction to ponzis and watching complete idiots lose their money, please send help.
Maybe I create an alert that tells me when a 1 hour candle is bigger than 15%.
Still have to stay close to the PC...
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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.