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Missing Out on the Mega Fade

www.8bit.trading

Missing Out on the Mega Fade

But there will always be tomorrow.

8ƀit
Apr 22, 2022
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Missing Out on the Mega Fade

www.8bit.trading

Hello degens!

What an absolute rip Thursday morning! We had a perfect Bat / Cypher print on the 4hr that I had to call out:

Bat / Cypher

And so it’s time to really start thinking about a short scenario and to watch a continuation of that larger Bat to the upside! I shared a few possibilities:

Twitter avatar for @8BIT
8ƀit @8BIT
cypher (15) and fugly white swan (stretch on that 4hr bd)... ... might give us options for entries / exits. 🤑 $btc #bitcoin #btc
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3:07 PM ∙ Apr 21, 2022

A Cypher (15) and a weak White Swan (stretched the bd on it) that might help provide some confluence for the bold. I’ve been waiting for the $42,700 zone to really provide strong signal that we might have a much larger upside possibility for the near-term future! That could be good for folks even spot-buying / selling right now for profits.

Stack those sats people! Even buying a few satoshis at cheaper prices and then dumping them — in profit — for more and then repeating this cycle is good financial management, as you know.

Didn’t get that fade though. It would have been absolute legend:

Nothing but blood.

Wow. An absolute nightmare that gave everything back to those that we’re on the flip-side of that trade! Perhaps we’d get a recovery into the weekend?

Twitter avatar for @8BIT
8ƀit @8BIT
now it's a bat 👉🏼 butterfly 👉🏼 cypher 👉🏼 (possible) shark? $btc #bitcoin #btc
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11:58 PM ∙ Apr 21, 2022

Of course, after every dip is an opportunity for a bounce — would we see one after such a long and drawn out bleed? Cypher, Black Swan, and Shark on the 1hr with a possible bearish Shark PRZ around $42,500-ish?

Let’s do it! I’m sure everyone would love to see all that value lost put back where it once was just a day ago!

Twitter avatar for @8BIT
8ƀit @8BIT
did you catch that long anon? cypher / black swan / shark on the 1hr... with a possible prz on that hopium around $42,500-ish (shark). $btc #bitcoin #btc
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11:54 PM ∙ Apr 22, 2022

And so it goes. You don’t always get the fade but you can always trade tomorrow.

To infinity & bitcoin,

— 8ɃIT

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Missing Out on the Mega Fade

www.8bit.trading
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