Some brilliant moves today in Bitcoin. Fun and games as to be expected.
Microstrategy new purchase and Walmart well accepting or maybe not? Either way it's played the charts both ways.
Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
@WicktatorFX, Thanks! could not resist! Much appreciate the coins!
apsnt
⋅
Yeah well that's what I think of it.... This is definitely a painful splinter in the foot. More in my thread. Lovely drawing, as always MV ;)
C_EWAVE13
⋅
Parfait, comme tjrs!!!
Wiggler
⋅
Love it :-)
DuchCick
⋅
You are working really hard. Nice craft. Love the disclaimer in the end as you don´t really provide direction in your posts :) Pure facts and "if it fits it sits" into readers mind. Thats how its done. Confirmation bias for conclusion provided. The decisions are the most important to us. Fill that Bid-Ask ladder, create imbalances and enjoy the lightsabers. Then measure the pain and gain and play the most profitable direction (most volume). Based on footprint huge amount of shorts opened in that candle up to 47K and they are in gain and seems they are snowballing into previous ones from 22. aug. while longs from before are averaged around here (breakeven) with potential to squeeze about 275M just at mex which would trigger wick sub 41600 - to where ? We can´t really know - orderbook queue will decide depending on how traders manage their accounts :)