There is no TA that says you should be long right now. The only think you should have is a buy stop incase they decide to spike the price 10% out of no where, for no fucking reason whatsoever, because they love crypto that much.
The price is going back down, this was just a stop on the way to get your hopes up.
point at the ta fag and laugh, children
Pamp it
What is your position and why.
Overhead resistance is too strong. Abandon all hope and long position.
Zoom out
I just sold, but I'm layering some orders on the way down to $6300.
HOLY SHIT TAKE YOUR OWN ADVICE NOW.
See
There are going to be some bounces on the way but oh can you say
>TWO YEAR BEAR MARKET
ow thats nice patch of indicators , how do you read these red-green zones?
IDK closes past 7K and I'll go more neutral and consider how much more fuel this can have. The squeezes aren't really taking out many shorts.
Ooohhh sold at the bottom boy see you tomorrow buying at 8k
I don't think BTC can retain the institutional attention it currently has if that was the case.
I like to think to them as extremes. I trade only when either one is close to 40.
Good way to counter trend trading.
I took look at the prices of that graph.
I made it when it was 6425 now we are at 6750
>I don't think BTC can retain the institutional attention it currently has if that was the case.
If you don't think institutions have a time horizon longer than 2 years then you are mistaken.
>(t2-t1)/t1 = 0.048 or 5%.
That is nothing when crypto starts moving.
Shorting is the only way to make money in Crypto now. Shorting literally is the new paradigm of crypto. I’m going to spread this on Twitter, Facebook, YouTube everything everywhere. Everywhere and everyone, Short short short short short short!!!!! Short to -$0 !!! Until not even 1 penny is left and then the BTC ceo will owe me money :) Did you not hear that everyone is shorting now? Omg like shorting is brilliant! BTC will ofc go down forever. You didn’t think that it would stop going down did you? Didn’t you hear? $5k by end of minute, $4k by end of hour, $1k end of day, and triple digits back to sub $100 end of week!! Shorting is the best way to success!! I’m writing a book on shorting. Shorters, bears and bitmex foreverrrrrr and everrrrre!!!
5% is allot when you got leverage.
Stay salty
you fucker made my Mining unprofitable as fuck.
POW coins need massive valuations to stay secure from attacks.
Yeah, this. I'm literally building contracted Dapps right now, I wasn't a month ago. The price being stagnant is actually a good thing, business are happier to build up infrastructure now for the future. Adoption people, you need adoption. Not mass adoption by normies (never gonna happen) but by businesses. That takes time though, big reason there's dev activity now is stuff like Loom dropping, or the Casper update so we can finally make proper Dapps that run like a regular site & don't cost a fortune in transaction fees.
That 60+ percent BTC may still go down is a lot when you leverage. Here are the weekly pivots calculated by Tradingview. We have a long way we can go down and that is way more likely to me than going up.
>OW
It is not my fault this shitcoin went down. I actually tried to long the bounce and gave some of that back. I should have booked my profits and then shorted again.