Double bottom..check Bullish interest...check Break of 6850ish... fail If we cant get a push past this 6800 level soon and with strength, I think we test lower demand levels (6.3-6.4k, lower then 6.15 ish is questionable and I'd like to now see us hang around sub that level too long) and see if we can once again get up there and push past it. 6.8, 7k, 7.2k, 7.8k...
Playing with fractals again. *smirks* We saw what happened last time I brought out the bars feed. Let's see if I can continue my streak here.
Shoot your shot if you want to succeed!
After the latest BTC pump, the market overall is experiencing some much missed green. Here's a place that I have identified to be a good r:r to enter a short trade, depending on what BTC does next. If I am stopped out just above, I can live with it, but if we continue sideways it can be pretty profitable. This trade is dedicated to show that making decent trades...
Fractals are are a beautiful thing when you can take the trade and profit off of a pattern of price action you caught. I guess we'll have to see if this plays out here. I'm taking the trade just because that's my style of trading, stop is below. Bear trend is still hot and ready to wrekt you. *This is not advice for you to take a trade, this is a pure gamble...
- Possible falling wedge - 5800 is (currently) holding strong - "W" bottom (lol) - Everyone is expecting bottom soon (either we will it (no), or complete opposite occurs (just because))