Breakout will be tested, but I suspect failure

6 เม.ย. 2023

I think btc will probably have a few periods of dramatic price action soon - big peaks up - but I suspect we will ultimately see this fail.
Can see the area I'm watching as a consolidation zone. I suspect the sellers will drop off, and some rally may fire, but will fail.
The chart squiggle predictions drawn show more of an average but I think you'll see at least one huge blast up, probably a few.

Anything could happen, and bitcoin is an especially wild beast, so treat this as an idea only.

6 เม.ย. 2023

บันทึกช่วยจำ

How to trade it:
I'll be looking to short peaks in this zone.
I'll short each peak, take 75% profit, let the rest run.