Very high multiple reward to risk

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Simple pattern. And all it takes is a 7% winrate or more for this to be worth it.
The odds I think are much greater than a lousy 7%.

Not the first time BTC responds to fib...







Even on lower timeframes (not as strong of course):


And of course, on the higher TF it's even better:



Even if we remove those that bounced out of the exact area pinpointed, that looks like a higher than 7% hitrate doesn't it?

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تم حذف الأمر

Cancel all orders.
Just dropped instantly in seconds so...

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ملاحظة

Trying to play lol here reeeeeeeeee
why is it going so fast

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ملاحظة

Price is bouncing a bit now

Might bounce on next fib...


I don't really trust all the people that say they buy dips.
Only way that makes sense is pinpointing areas like I did and having very high R's, because catching a falling knife is very punishing.
If they are "averaging down" then it's a disaster waiting to happen OR they make tiny profits.


Bitcoin investors are running out of trendlines



Not only did the price dropped 40% in a single day, but it did not bounce, the candle closed down there.



I want to make a script to scan for the worse days ever, brb.

I cringe because I remember troll flamers that were talking about "beautiful green monthly candle" kek.

REKT!