The Daily RSI makes me believe it will breake the triangle somewhere in october above 7.5k,starting a new wave of pumps.
On the other hand last time it didn't pass 7.5k and broke down violently it had a wedge formed.Now we see another wedge forming.
If it doesn't pass 6.7k this time it'll drop hard.
No trade zone for me,end of triangle,thus i will wait for any direction it moves to be sure.We don't have a trend right now.
As always i better skip a few % gains than get rekt hard because of greed.These bots and algorithms will kill every scalper,day trader.
Cheers :)
On the other hand last time it didn't pass 7.5k and broke down violently it had a wedge formed.Now we see another wedge forming.
If it doesn't pass 6.7k this time it'll drop hard.
No trade zone for me,end of triangle,thus i will wait for any direction it moves to be sure.We don't have a trend right now.
As always i better skip a few % gains than get rekt hard because of greed.These bots and algorithms will kill every scalper,day trader.
Cheers :)