Even gravity don't apply to Bitcoin? I just don't buy the story.
Updated
Hello everyone, this is JoE.
I'm going to short this real hard, 3 red boxes are targets I'm aiming for.
BUT, don't get me wrong, I'm bullish on Bitcoin but this has gone way too far from what I expect it to be.
People are overtrading with margin, investing with borrowed money, some people will die on this one for sure.
I am going to short this,but don't even try to charge me with immorality, I'm risking my own money shorting on a fair free market.
Remember, the best time for traders is right after the stairway up, we ride the elevator down.
(entering short position gradually as long momentum fades.)
*THIS IS NOT INVESTMENT ADVICE, YOU ARE RESPONSIBLE FOR YOUR OWN TRADE.
I'm going to short this real hard, 3 red boxes are targets I'm aiming for.
BUT, don't get me wrong, I'm bullish on Bitcoin but this has gone way too far from what I expect it to be.
People are overtrading with margin, investing with borrowed money, some people will die on this one for sure.
I am going to short this,but don't even try to charge me with immorality, I'm risking my own money shorting on a fair free market.
Remember, the best time for traders is right after the stairway up, we ride the elevator down.
(entering short position gradually as long momentum fades.)
*THIS IS NOT INVESTMENT ADVICE, YOU ARE RESPONSIBLE FOR YOUR OWN TRADE.
Trade active
Sentiment Extreme + Volume Climax, I think the TOP is near or here.Trade active
WOW, so far so good.Trade active
Booking partial profit here. We could get another bull trap before going further down.Trade active
Here comes the bull trap I was talking about, looking to short again.Trade closed manually
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