... I would do something like this... Tempt the latecomers in, especially those stoopid Daily Mail readers. Crap out a little, but look like a pullback... ... then crap out big time on some convenient "bad news". Jamie Dimon, where are you? Et voila!... load up all over again.
... doesn't this chart look like something?
Let's see if we can get a bounce off this Goober Block.
Thanks Mr Dimon. Tell your JPM staff to sell mooooore. I'm locked and loaded, baby. Credit goes to Pipgrid (Simpleton on YouTube) for the concept of order banks.
Chart explains it all.
Sell me your Bitcoin wares at 3000 or below. Only proviso is I don't want to see the move indicated by red arrow. Grey path is more how it should look.
Flip area on the daily, give or take 100 pips... ... we could turn at the top of the wick (107.50 area) or deeper at the candle body (106.80 area), which also lines up with an order block. The main takeaway from that chart is future bias which could last for months.
Text on chart explains it all.
If we're lucky enough to get a bounce, sell the Kim Jong block. Sell the Trump block to unleash fire and fury.
Bitcoin is here to stay. Buy ze fecking dip. Even the Ruskies are mining it.
That Bitcoin Cash sure don't look healthy!
The Plunge Protection Team Have Been At It Again. Buy The Fecking Plunge (BTFP) Bias: Long on war, long on recession, long on plunges, long on a new Ice Age.
If I had a gun to my head, I'd say down to support, rocket on FOMC, then shit out.
ETHUSD breakout iminent. Which way? I haven't a clue. But would love it to go down first and fill my buy limits.
Ethereum buyers think they're safe below the prior low. Let's screw them good and proper and then go up.