Very short term parabola movement - for me, when I can sketch 3 lines (aqua) with sharper and sharper angles - I watch out (or sell).
In this case, admittedly, I'm already underwater - no selling for sure - plus, for social reasons, I don't want to sell my BTC to the rich (who are driving down price, to what I think is it's near bottom - now). That BTC - it's mine.
Nonetheless, I'm watching this short term parabola movement, as it interacts the the while line of resistance - then the larger white triangle formation.
***Please compare this parabola to my BTC shorts Cup and Handle formation analysis - a few days ago*****
In this case, admittedly, I'm already underwater - no selling for sure - plus, for social reasons, I don't want to sell my BTC to the rich (who are driving down price, to what I think is it's near bottom - now). That BTC - it's mine.
Nonetheless, I'm watching this short term parabola movement, as it interacts the the while line of resistance - then the larger white triangle formation.
***Please compare this parabola to my BTC shorts Cup and Handle formation analysis - a few days ago*****