Degen scalped some $btc as it dropped around the $8k mark
Moving sideways again - not touching it
I like to trade big volatility moves into bounces/corrections
Steadily coming back into trading habit and mindset π₯
EVERYBODY CALLED THIS A DESCENDING TRIANGLE. IT NEVER WAS.
THATS WHY YOUR SHORTS GOT DESTROYED.
THIS IS HOW WALL STREET MANIPULATES YOU. ITS ALSO WHY PRECISION IS CRUCIAL.
@Townhanging@OTC_Bitcoin depends on your trading size bruh
βReasonableβ would be 1-5% of your account low risk/high reward
It depends on your risk tolerance and your confidence in the setup
You rly cant generalize positions/size
Im degen trading with 100bucks and always move 10x-50x
Use oersonal risk
@Townhanging@OTC_Bitcoin Possible scenario to look for if being continued to be painted in that ongoing pattern.
Like. We have a possibility to test the low again and rebounce after.
Did you even look at that chart sir?
@AltcoinPsycho Hm honestly?
Buy/order to see when the majority of people switching from long to short / reverse to match it with the graph and catching a reversal?π€