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Next target should be 21500. But if we should fall back below 21250 (to be safe, let's say 21000 since that where major support is), that would be bearish.

Dude, screw them fundamentals :) They never helped in my 30 years as a trader and probably never will.

Yup I guess so. But unless we break above 21500, my bearish bias still stands. I also think BTS will move more or less in lockstep with the equity market. So if ES (S&P futures) drifts upward overnight, it will likely go up as well. For now, it's wait and see mode for me.

We might get a slight pullback for a day or two as we come up to the TRENDLINE (yeah, that trendline). But after that, methinks we should be smooth sailing after that.

Trendline. You can manually select it from the menus on the left (see below) or simply press Alt+T on your keyboard.

Okay, I've laid out a plan for you. Hope it helps going forward.

I don't mind, as long as you share your rationale.

Yeah, go for it. Better late than never. Just be brutally honest with yourself by documenting your trading journey, at least in the first 6 months. If you can survive the next 6 months of this bear market, I'm sure you'll survive anything. But brace yourself, this market will get nasty.

We're all openly proud degenerates here. :sneaky:

Well, there's no use dwelling on the woulda, shoulda, or coulda. :D But as you pointed out, we're currently rangebound so place your orders in advance to buy the dip and sell the rip. However, always be nimble and use stops. Also, unless BTC break out above 21300, I would be cautious staying in...

We've already made 3 touches in the past. This time (the 4th touch) has a HIGHER LOW, which we've not had (not even once in 2022). So whatcha think?

Why is yours and mine so different?

What's the trading schedule for Monday? Is the Globex even open tonight?

That's why you need to pay attention to open interest, not volume. https://www.coinglass.com/BitcoinOpenInterest

So you believe the market will reverse after op ex? I don't see your point. I think options will just get rolled over as the market heads higher.

Finally breached below the support.

Whether you're white, black, brown, or somewhere in-betweeen, or whether you're a racist or not, or whether you're really a cunt or not, I think it all comes down to stupidity. The fact of the matter is that there are too many stupid people on the streets of this country (in fact, around the...

That dude (er, ape) needs to sign up for anger management. :sneaky:

Hence, all the more reason why BTC will be rocketing up higher from here because you know where I think the ES is heading. That's right, 4400. :)

Just thinking what could move the market this explosively without any underlying economic fundamentals. It could only be Master Pu and his oligarchic gargoyles. I know that has nothing to do with the PA but still worth pondering.