We're in a falling wedge, candles look in line, structure looks too obvious. Next drop will have a significant bounce.
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opened a very small long at 31k with medium leverage. I hope it gets liquidated cause I want to buy cheap crypto.
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last two wicks on 22th and 26th June will be very hard to crack. I wouldn't be surprised if we continue sideways from here and then finally blast through upper trendline. Last time we had a fakeout this time we wont imo.
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closed it with a shitty profit. decided i don't even wanna trade this. will become interested in this market again once we hit 4 digits.
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This probably won't make much sense but TA tells me there's 70 % chance it will crash like s* from here, but market sentiment tells me the exact opposite. You don't see many ppl bragging how they're opening a long now, every cookie cutter youtuber is saying its descending triangle and has a short opened.
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28-29k could be excellent long opportunity because many ppl believe once 30k cracks btc will just fall down like shit to 20k. This of course would be possible if we were in descending triangle, but WE ARE NOT.
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Last weekly candle as well.
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Now that my dow jones theory is coming true I'm zero bullish on BTC
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Want to be a dickhead counter-trader? Price is getting close to the bottom of my falling wedge, long it now if you have balls. Most ppl are convinced now that it's over, even a moonboy Carl The Moon told you once BTC goes below 30.6k it's game over.
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Wanna hear the truth? It will be over once that 27,735 $ wick from Jan 4th gets broken. Everything else is bla bla and more bla bla.
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Falling wedge invalidated.