Ah makes sense now... I do still see us touching $4400 but i will keep my gut TA to myself and let the experts talk.haha, wasn't meant to be serious.
I was claiming that the current movement until it breaks at least 4300 and keeps going is similar to people who like scatsex. Apparently they enjoy it but to me it is beyond confusing how they could enjoy it.
My personal opinion at this point which might be off on reality is that the current rally is somehow connected to the due date for Ethereum update. I think if the rally can continue even at a slower pace beyond the Ethereum update then only will I have confidence in the rally.Ah makes sense now... I do still see us touching $4400 but i will keep my gut TA to myself and let the experts talk.
Lol - one can never win this market. Just when one thinks they have it all figured out - they find out that they don't know anything. Infact the market will punish you for thinking you know more than others. For those of us who survived that red candle - we live to assess and analyze and trade another day.Ahahaha, holy ****.
Just over $105million in longs liquidated in that punishing move.
I was out of directional ideas so I just stuck with my ANN backup strategy indicated to me to short at 4127. Tend to use it when I am starting to feel to greedy , saved my ass a few times before a pump(shorting) or a dump(longing)Both my accounts are underwater right now... What a move. Thought we'd spend a little time around $4020/$4050 before dump so I was playing with longs there.
No liquidations though so I'm ok for now but a dump below $3550 might hurt.
Looks like we starting the dump cycle again. Fractals could repeat so we might move around like so: