Technical analysis by stellarjth about Symbol BTC: Sell recommendation (8/9/2022)

All parabolas break at some point. BUt this breaking here is extremely bearish. No one is talking about this. I am still 100% in cash. Plenty of time to buy. Good luck with this chart BullsGetting closer thereClose below and yall are finished.It has begunSome kind of a misunderstanding here. People think 8.5% is somehow bullish. Core CPI rose a bit... Hammer this sh1t down alreadyAs you guys have noticed, that dip was short lasted. But I think it's a meaningless pump into resistance, which will retrace by Friday. Sideways ranging till the next FOMC.I'm retiring this idea now. 100% EURO. Let's see how it goes. My comeback is when I enter spot buys. I will share some altcoins if we get to that. In 2025 I will come back to this idea.A fast comment: Deviation on both sides. GL traders. As you know, I'm still not buying :)A quick one: Sorry if you lost money here. I didn't expect that little pump to happen. Now we are on the track again :)I felt FOMO at 24k. Still no buys in. Always follow your own plan no matter whatThanks for playing. I hope you didn't lose faith in me.Tradersweekly and SPY_masterThanks for being with me :)DXY is strong like a bull. We like it don't we. Give it a week or two. I'll updateNow it's following the path. I'm sorry if you lost money during that small pump to 25k. I didn't see it coming.I'm not buying crypto yet. But deploying some fiat capital into exchanges. Like I said, the next idea I post here is my spot buys. Then the game startsYeah this wasn't perfect but we still followed the arrow pretty good.I hope you guys did alrightThe hardest part is still ahead of us...Right now I don't know what price I'm buying. Let's see when it starts feeling rightThis is the boring part of the cycle. There is nothing we can do but wait. This idea played out weeks ago and is now going sideways at my target level.Might take 6 months for me to post my entries on the market. MAKE SURE TO PROTECT YOUR CAPITAL IN THESE MARKET CONDITIONSPatience guys.Ok new lows on Bitcoin. I'm not yet buying