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It was working out perfectly until instead of breaking down all the way it just retraced back to the neckline. Took myself out of position at break even from the short. Will wait until there's a clearer signal to re-enter a position. I got some spot USDT waiting to buy BTC anyways.
touched the mostly-unbroken upper-trend line, returned back to neckline point of control. I don't have a strong sentiment right now. I feel like we're creating a bull trap, right now but I have no time horizon predictions.
Dumped off the trend-line, lower high, we might make another run for the trend line then dump off of it again, giving it a curved over shape on longer time-scales. Closed a short and took a small long here, thinking we might repeat the pattern of clawing our way back up to ~$4250.
got stopped into a short at ~$4125
Closed short at $4040, it's hard to trade while playing Warframe at the same time. I'll short this again if it doesn't recover immediately.
back in shorts
closed half my short, it doesn't look like it's stopping, but this if it's gonna stop before $3800, it's gonna be $3950.
Closed the last of the short, same deal, if it doesn't pop in 15-20mins, I short again.
scalping a 5min long like a degen
fuck this position, im going to sleep before I lose all my profits from today. Sitting on USDT.
Volatility is down as we consolidate to the lows. It looks like it wants to take another leg down, but at the same time there's a real possibility of a sudden re-test of a higher level. As the range tightens the breakout in either direction becomes increasingly imminent.
someone market sold like 300+ BTC on Bitfinex with huge slippage and then it immediately pumps, off the one minute chart, lol
Touching the low again, looking like it's about to break. I'm not going to short "support" at large size until it breaks. Reminder that Bitfinex has like $100 premium so the prices may seem off if you look at my earlier post.