Does the big dip go for an M top in four hours? Honestly, I’m a bit nervous too.
Last night $BTC
It surged to 87385 but didn’t hold—now it’s falling back to around 85000. If it breaks below 84400 (EMA20), then the M-top pattern is confirmed. Below that, we should watch 82000. But if it can hold sideways between 85000–86500, chances are it’s a fake-out to shake out weak hands.
My strategy: I won’t move my spot holdings. For futures, I’ll take partial profits first, and move the remaining stop-loss up to the cost basis. I will never hold the position through it.
What do you think—this M top is real or fake? Comment “real” or “fake” in the comments section so I can see how many people think the same way as I do.
Last night $BTC
It surged to 87385 but didn’t hold—now it’s falling back to around 85000. If it breaks below 84400 (EMA20), then the M-top pattern is confirmed. Below that, we should watch 82000. But if it can hold sideways between 85000–86500, chances are it’s a fake-out to shake out weak hands.
My strategy: I won’t move my spot holdings. For futures, I’ll take partial profits first, and move the remaining stop-loss up to the cost basis. I will never hold the position through it.
What do you think—this M top is real or fake? Comment “real” or “fake” in the comments section so I can see how many people think the same way as I do.
