Quote from: Chocolatehaze on October 29, 2018, 09:18:59 AM

I'm a breakout trader, but this isn't a breakout I want to trade. I can only imagine how many stops are set above and below. Seems like this price action is the perfect recipe for a fakeout before the market actually makes up its mind. So I'll just let the market do its thing, and wait for the next consolidation zone. Anyone thinking the same?

Maybe I still got a little PTSD from the USDT fuckery. That day, I was $40 away from getting stopped in at 6850.

I trade pretty similarly and completely agree - gotta pretty much sit on the sidelines in this range. I've accumulated quite a bit in cold storage in this range, but for a breakout trade I'm thinking 6900 (I think that's a pretty good r/r entry spot).