BTC UPDATE
Longs are being massacred, my first target of 35k is close so I would call it a successful week.
There isn’t much to say that hasn’t already been said in my previous post.
I’ve been seeing a lot of people calling for higher prices trying to will the market higher while price action has been pointing in the opposite direction. People have been calling for all types of reversals and “bullish triangle breaks”, I have a feeling soon everyone’s sentiment will shift bearish and that’s when the market will probably reverse higher.
Support and resistance isn’t something I trade, I personally don’t think it works and is just a trap for us retail traders.
My work speaks for itself.
I am Golb.
There isn’t much to say that hasn’t already been said in my previous post.
I’ve been seeing a lot of people calling for higher prices trying to will the market higher while price action has been pointing in the opposite direction. People have been calling for all types of reversals and “bullish triangle breaks”, I have a feeling soon everyone’s sentiment will shift bearish and that’s when the market will probably reverse higher.
Support and resistance isn’t something I trade, I personally don’t think it works and is just a trap for us retail traders.
My work speaks for itself.
I am Golb.
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