
$BTC Have you ever gotten stuck in a traffic jam? If yes, then you must've faced this situation where you're stuck in the first lane, while the second lane is moving forward. You wait for your lane to move, but it doesn't... And then you decide to shift into the second lane, but guess what? Now the first lane is moving, while the second lane into which you shifted is stuck. Sometimes, that is how trading works. You long. $BTC drops. You DCA into the long. $BTC drops again. You take a loss and turn short. $BTC starts pumping... Live example: When $BTC first touched an 87K yearly high, people thought it was a breakout into 90K - 100K. $BTC crashed into 81K. Then it again gave exit pumps three times (and we longed all of them into precise targets). Each time, people thought it was a breakout, or at least that 85.2K liquidity is coming. But the market makers baited that liquidity, & we dropped again from 84K (our latest short entry) into the 78K - 79K target 1. Tell me now, are you short or long? I have personally been in the same lane, & will continue to be in it. That's all the psychology behind one's bias. Now let's take a look at our chart & levels, shall we? About the strong 81,194 level that we used previously to long three times... In my last two posts, I said: "Next time, it's break time!" Not just that, but two days ago, I also predicted that the next 3D close should be below 81,194. We're about to close that candle in 3 hours or so... and we have already dumped below 81,194, smooth as butter. We booked this new short from 84K levels once, & if you haven't closed 50% of it, then take another partial TP here. Rest, keep it open for 76K. Have a great weekend.
