RACEACEACE #BTCUSD #BITCOIN #PUMP #DUMP
I have confluence in my t.a showing me a possibility of price action similar to the pump and dump that took place on Jan 19 at 02:30 UTC time.
The play would look like this: small dip now, retrace right back up to where it dipped from, sideways with no notable move up, and then a small pump tomorrow, followed by a DUMP.
My analysis for today was correct in the sense that there was no bullish move prior to 8:00 utc. The day is not over yet, so I'm keeping all options.
If a dump were to take place, I believe it would be after 13:00 utc tomorrow. For now, I believe the topside is limited to 9909-9987.
I may be wrong, but I need to play defense just as much as I play offense. This is not a short opportunity yet, in my opinion.
When everyone in the market sees FREE MONEY, it's time to be cautious.
I am currently FLAT.
Stay safe.
The play would look like this: small dip now, retrace right back up to where it dipped from, sideways with no notable move up, and then a small pump tomorrow, followed by a DUMP.
My analysis for today was correct in the sense that there was no bullish move prior to 8:00 utc. The day is not over yet, so I'm keeping all options.
If a dump were to take place, I believe it would be after 13:00 utc tomorrow. For now, I believe the topside is limited to 9909-9987.
I may be wrong, but I need to play defense just as much as I play offense. This is not a short opportunity yet, in my opinion.
When everyone in the market sees FREE MONEY, it's time to be cautious.
I am currently FLAT.
Stay safe.
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.