hokask

hokask

Looks like we are breaking out in ethereum, this would give us approx target of 800, I would wait for retest of support before entering a position.

hokask

Whenever I fomo that's when I start to have poor sleep and start loosing money, I only enter the market when the risk to reward ratio benefits me, when you have a strategy the most difficult skill is staying disciplined and patience and not fomo and follow your emotions, that's when you start losing money, yes we might go up more from here but what is the risk to reward?

hokask

Are we gonna reach the top of this wedge and reach fib target of 706 before we see a correction or will we break down now, really though decision point here

hokask

It looks like we hit resistance, if we go anymore up from here, it might be a story to tell the kids.

hokask

History has shown us that whenever the bitmex funding rate favors the shorts or longs, bitcoin tends to change direction to go back to normal levels, is this time different?

hokask

I think we can reach golden ratio, before we see a correction.

hokask Updated 

There are bearish divergences all over the place, plus the funding rate favors the bears, I would be extremely carefull placing a long at this price level, I would love a pullback from here and fill some gaps in the cme and flush out some bulls, but I would not short this you never know bitcoin might suprise you.

hokask

These wedge do tend to breakdown, if we breakdown my target is 7600

hokask

TIME TO SHORT

hokask

I was short, yesterday but alas there is always the chance I am wrong, now however I have to tend toward being bullish as we have so much bullish confirmation.

hokask

Even with that pump, we are still not out of the bear marked, we are going down.

hokask

The gamble of a lifetime?

hokask

We are too overextended, we need to come back and test lower levels.

hokask

Bitmex funding indicator is too bullish, if there is one thing we need and that is bearish people, people are too bulish for us to go further up.

hokask

If we connect daily closes of the top candles, we see we have not broken heikini ashi channel yet.

hokask

This looks incredibly bullish, momentum is beginning to turn and we are at massive support level, this looks like it could do a tesla move.

hokask

Whenever this MAs cross we have a pump

hokask

We finally broke out of the channel, everything looks really bullish. I was bearish before, but now the market has decided it wanted to go bullish so I have to go with the market. I entered the market at when the weekly macd crossed, at that moment I knew this was gonna skyrocket.