"so you just stare are charts all day trying to imagine what the next bunch of candles might look like and then place leveraged bets based on those imaginary candles?"
The markets have been a bloodbath the last couple of weeks. I’ve sized down tremendously and only take trades I’m comfortable taking with money I’m comfortable losing if something goes wrong.
Some recent profits; not much margin behind them but P is P :)
$BTC
Like it or not, both sides are going to get swept.
Two major liquidity clusters sit at $79k below and $88k above. Price isn’t leaving either one untouched
Expecting a clean one-sided move is just wishful thinking. Stay flexible or the market will punish that bias
It’s unfortunate that I missed the opportunity to long ethereum:0x4a220e6096b25eadb88358cb44068a3248254675.
However, as the saying goes, “what goes up must come down.”
For now, we’ll wait and see if the short opportunity presents itself.