Please guys use caution here, this is most likely a major bull trap...People on twitter already calling for 8k to be busted, this kind of emotionaly volatility is not helpful, we are still on a low volume pump which has potential to be dangerous. If we get volume coming back in and we continue to go up it could be a bullish sign...however I am betting we get volume to the down side.
Please note acutal fiat dollars rolling into this market is not high...instead it is exchanges defending 6k with tether. Either way, use caution and trade wisely.
Red Boar
Please note acutal fiat dollars rolling into this market is not high...instead it is exchanges defending 6k with tether. Either way, use caution and trade wisely.
Red Boar
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2 more fiat only exchanges
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Here is bitmex
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Coinbase 15 minute chart
Coinbase 15 minute chart
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.optimally a break down from red trend line on a large red volume candle would give us ideal short entry...utnil then just waiting...i relaly wanted to short the retest 0f 7100 since it was on such terrible terrivle 15 and 30 minute volume but I did not have the gumbo in my veins to do it....I am still scared of the bart candles I can not lie...like a beat dog i am always looking out for that next beating hehe...anyways...I would be in profit now if I had shorted the top like my gut told me BUT we are not out of the woods yet.... this thing could still break out on good volume for a run at 7500....hoping for red volume breakdown to enter short....all the best guys
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Finex lower highs on volume continues...how much longer can it last>?
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12 hour look
12 hour look
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EzPz :)