$BTC There will be a bounce but not much... Then it'll fade away, fade away... If we can't hold 6x, it's going to drop deep. But that's the story of the weekly candlestick... For now, waiting for a dip to hit short-term support, long for a bounce, then short again is the play.
$BTC We've pulled back from 59 to 647, close to 6k now. Fellow bulls, it might be time to take profit because hoping for another pump could be tough. Next week we have FOMC coming up.
$XAU With some dodgy trading, I tried to catch the bottom twice and got stopped out, but the third time it finally took off. It rose to 4150 and then 4.2k before crashing down to 3.8k.
$BTC Time to catch some Z's, folks. Let’s wait for tomorrow's 1D candlestick close before entering the trade. Plus, we’ve got the PPI news dropping tomorrow. If it’s as bullish as today’s news, we’re in for a sweet ride.
$BTC 2/3D candles from the other day, fam... 11/06 World Cup kickoff, SpaceX IPO... If you're going long, remember to stack those bullish positions tight.
$BTC 3D just printed a thick red candlestick. The 3D just opened and still has a green wick from before. So what’s the basis for going long? You can’t make much profit, if you don’t cut losses tightly, you might end up holding the bag.
The monthly candle’s bottom is even lower than the previous low, folks.
If you can cut losses, do it, you won't bounce back over 63 🥶🥶🥶