12.12 Afternoon Thoughts
Morning Long Position, Earned 1300 Points on Big Pie, 60 Points on Second Pie.
The big pie declined from around 101300 to around 103000, then to around 101800, currently around 100900. The second pie is catching up.
From the one-hour chart perspective, the K-line is blocked by the Bollinger Bands, and the MA5 and MA10 moving averages are opening downwards, with bullish momentum diminishing.
Afternoon Operations: Short the big pie on rebound at 101500-102000, target 99900.
Short the second pie on rebound at 3960-4000, target 3850! $BTC