Crypto Mumbles – Telegram
Crypto Mumbles
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things I mumble to myself about crypto

basically my transparent crypto diary

education, analysis, and trades 🙂

Twitter: https://twitter.com/dpycm
Medium: https://medium.com/@dpycm
Lifemax (non-crypto): t.me/humblespace
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wish i took the pump trade there but i was busy typing for the channel HAHAHAH
that's why its very important to understand and study price action (how candlesticks move) !! you will be able to see the hidden bullishness/bearishness and have a sense of how the market will move
wait out for this candle close
closed below the trendline, back to square one
seems like this resistance trendline is very strong

bulls failed to breakout

this is already the 5th touch
Crypto Mumbles
if this candle closes above resistance trendline, we have a breakout :-)
because the candle couldnt close above the resistance trendline, there's no breakout response and hence btc is going back to the pattern of falling wedge
candle seems to be rejected by support strongly,

possibly second chance at breakout

will be watching this candlestick
candle flipped
we might be going up 🚀
a close above the resistance zone and we can expect further upward movement
Crypto Mumbles
a close above the resistance zone and we can expect further upward movement
if this candle closes above, ill be placing a stop market long order at the price of the candle close when the next candle flips red
1 minute left
stop market order at 33362 when bottom wick is formed

#trades W
no bottom wick no trade for me
this will be a very quick scalp, you have to be fast
order placed
if the candle flips back up, ill be in the trade