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Time to short BTC again.

BITFINEX:BTCUSD   Bitcoin / Đô la
Easy chart. Easy money. BTC is stuck in this wedge . I've shorted from the top. Hope you guys enjoy; expecting a pull back to bottom of the wedge now (8950ish).
Bình luận:
Bình luận: People are asking how I got these trend-lines:

that is how.
Bình luận: We also haven't left the price channel:
Bình luận:

Having trouble with that resistance at 9620ish... looks like she is running out of steam.
Bình luận: She is pulling back a bit:
Bình luận:

Flat bottom forming on 5min, trend reversal incoming, or it could just be a FOMO sign for the hopesters.

10K is being shilled HARD and people are buying at the top. I don't know what to say about that.
Bình luận:

Double top.
Bình luận: I know everyone is bullish but look at this:
If that channel is respected; lots of mad bulls.
Bình luận:

No 10K for you, Bulls. Sorry - Bear.
If you place the line on tops of the wicks you'll see that breakout happned near 9350. Not sure how did you get such trendline?
Phản hồi
sabbycon djukic.nebojsa
@djukic.nebojsa, You are looking too zoomed in. Look at D chart.
Phản hồi
sabbycon sabbycon
@sabbycon, this might be the breakout though,BTC needs to return to the green line before the D candle closes.
Phản hồi
sabbycon sabbycon
Phản hồi
@sabbycon, Not going to happen unfortunately. It seems we should wake up and join bulls
Phản hồi
sabbycon djukic.nebojsa
@djukic.nebojsa, Not my plan. I stick to my plan. If I'm wrong, I'm wrong, no biggie I'll just move on to my next trade.

FOMO city is overcrowded.
Phản hồi
@sabbycon, It's always good to have a plan, but those guys are bidding at 9700. Not sure what to think about people who're buying now. Are they smart investors or stupid suckers?
Phản hồi
sabbycon djukic.nebojsa
@djukic.nebojsa, I wouldn't call anyone "stupid", but I would say that people buying thinking BTC is just gonna keep legging up is pretty reckless. But we know that most people don't even look at price or a chart when going 100X with hopes of driving a lambo by the end of the week.
Phản hồi
sabbycon djukic.nebojsa
@djukic.nebojsa, I mean look at this chart:

You would buy that chart?
Phản hồi
@sabbycon, I wouldn't and that's my problem. I can't buy that (even wasn't able at 9470, it already looked crazy), but I know this is going to be 10,300 tomorrow and 11,500 in a few days. Those who don't look at charts but just hitting the buy button double their investment every month, while I'm happy with 10% increase lol
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