Things have been real dead as of late, but I believe the next two weeks are about to get real active.
I believe once it starts closing above 95.670 should start pushing towards the high.
Revised from my previous chart of silver, but still pretty much the same outlook. Those lows look ripe for the taken in my opinion.
Another one added to my installment of short everything..lol
Full disclosure I won't be taking a position on this trade, but I wanted to share nonetheless.
Sheesh, seems like I'm never in a long so far this year.? Hey right or wrong if I like the setup I'm taking the trade.
Until I see otherwise my outlook on BTC has not changed. I still believe it's in the early stages of a bear market.
Pushing against resistance plenty liquidity to the downside. Why not try and short it? Let's see how it goes.
Price could push into the gray box taking out those equal highs before breaking down. Decided to take a position anticipating some drawdown.
There's a possibility EU might take out previous week high tapping liquidity void so I'm anticipating some possible drawdown.
Price could push into the gray box before breaking down. Decided to take a position anticipating some drawdown. I only paper trade BTC everything else is live funds.
Wonder Twins activate! Dammit did I just show my age? History repeat, it rhymes and something or another.
There's a lot to unpack here and honestly things can still go either way. Despite the big green candle that got cryptomanics on hard this is BTC we're talking about and BTC can giveth and taketh away with a blink of an eye. That being said I wouldn't go opening a 100x leverage short expecting things to dump into the netherrealms. Patience is key let price do its thing.
I like to consider myself a contrarian especially when it comes to the markets. So you decide, should the market give everyone what they want?
You ever get that feeling like something bad is about to happen. I believe being long right now is not where you want to be.
I don't usually do fractals much, but the comparison in price action couldn't be ignored. Take it with a grain of salt.
Last post for the week. Let's see if I know what I'm doing or have I been make this shit up as I go along.?
I'm just going to leave this here. Like I said on my last chart "watch EU take all that shit back".