- BTC
- Dead cat bounce today
- Selloff continues on Tuesday
BTC - Dead cat bounce today - Selloff continues on Tuesday
- Thread starter OptionsOptionsOptions
- Start date
Trading a dead cat bounce as a continuation to the downside...ymmv
https://elitetrader.com/et/threads/...st-right-here-baby.335635/page-8#post-4987957
https://www.elitetrader.com/et/thre...at-right-here-baby.343012/page-8#post-5336117
https://elitetrader.com/et/threads/...st-right-here-baby.335635/page-8#post-4987957
https://www.elitetrader.com/et/thre...at-right-here-baby.343012/page-8#post-5336117
That was one HELL of a dead cat bounce! Like that motherfucking dead cat almost had enough velocity to escape Earth's gravitational pull!!!
At least on stonks it's not a dead cat bounce, it's quite a reversal. To remain bullish, needs to consolidate at the very least.
Oh I missed the BTC aspect of this. I was thinking about the stonks.
So optionsx3, would you say the stonk recovery today was also a dead cat bounce? Or that is different?
So optionsx3, would you say the stonk recovery today was also a dead cat bounce? Or that is different?
I am bullish on stocks ---- I think earnings this week and next week will be overall good for AAPL, MSFT, FB, GOOGL and AMZN, pushing up the Nasdaq.
I am very bearish on BTC. Take a look at my The BTC 5-year chart is eerily similar to the Nasdaq of early 2000's thread.
