Sometimes i think trading is too easy

sometimes i think trading is too easy

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why would it reverse at 10800?

on 4h and 6h we are already setup for a reversal, but whats worrying me is boomers saying it will bull

if it drops i just buy more, if it gains i am just happy about my gains

>sometimes i think trading is too easy
...and then I get BTFO'd and realize I've only been at for two weeks and don't know what I'm talking about

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wait wtf so all i have to do to be rich is draw a line that goes up to 1 million in paint???
how tf are people poor then?????

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Only one of these fits, and it doesn't look good. Get ready to sell in 6 hours.

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i'm ready to short this bitch

3 rising valley not good?

also note that we are at a bullish crossing of the 1h 100 ma and 21 ma which usually signals a few thousand $ uptrend

> 3 descending peaks
> look at the weekly

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it's more like an extremely bullish symmetrical triangle if you take a better look at it.

we are bellow the 21 daily MA and we barely bounced off the 100Ma after dumping 20% in 6 days
I'm not really seeing anything bullish here

i'm only seeing bullish things here i was extremely bearish when we hit $14k and went at it again then failed but now the whole picture changed. this became a perfect bullish consolidation and the major moving averages that support a bull run had time to catch up.

> 2 giant rejection wicks
> make an other lower high on the same descending trend line

that weekly is not bullish sorry

Because he drew a meme line there.

>we barely bounced off the 100Ma
if you look a bit back the 100ma almost never supports the price cleanly. but on our second day it did.

it is very bullish long term not short term. i think we can go 2 whole months sideways and the chance of a reversal to $6k region greatly diminished. we can still hit the 21w ema in the next 2 weeks in a scam wick tho.

>if you look a bit back the 100ma almost never supports the price cleanly. but on our second day it did.
did the same thing in jan. 2018 we still dropped bellow after 2 weeks, that bounce was guaranteed to happen seeing how oversold it was

going to 6k from here isn't what I would call bullish

compared to the previous narrative of sub $2k it is bullish i would still be in the plus at $6k. but like i said that's out the window now even $8k is ultra bear territory. things completely changed with this last run to 12.3k.