Bear flag on BTC
Well we were right about the drop today. But it stopped as part of a channel that looks pretty bad.
That's a bear flag.
I was really hoping for some bullish action, and still am. But I just scaled in, and my stops are tight. And it looks like... odds are I'll be stopped out.
Going lower... I hope we only go as low as 7.2k
Anything below that (even though I've projected 6700-6900)...
and may the Crypto Gods have mercy on us all.
...
Keep your stops tight. Protect your capital.
Happy Trading.
-SJ
That's a bear flag.
I was really hoping for some bullish action, and still am. But I just scaled in, and my stops are tight. And it looks like... odds are I'll be stopped out.
Going lower... I hope we only go as low as 7.2k
Anything below that (even though I've projected 6700-6900)...
and may the Crypto Gods have mercy on us all.
...
Keep your stops tight. Protect your capital.
Happy Trading.
-SJ
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