Every few hours another smackdown. Where’s the end? At some points sellers will get exhausted and shorts routed. It will come sooner rather than later.
Looking at the 4 hour chart there is a clear RSI divergence and 10 EMA on the daily is down as much as 10%. That makes for some great bounce plays at least. I took a few positions finally with a tight stop.
Exhausting work day didn’t allow for much adventure so a beer at home. One brew that I was saving from Hop In where I got it. A friendly barman gave me the last bottle the other days, says it needs to go to someone who can appreciate it. Now how nice is that?
Valens ESB
| Style | ESB |
| Country | Vinkovci, Croatia |
| Brewery | Valentinijan d.o.o. Brewery |
| Alcohol | 5.5% |
| ----- | --------- |
| Appearance | Pale amber with huge rocky head. |
| Aroma | Caramel. Sweet hops and malt. Weak. |
| Taste | Refreshing but rather tart bitter at first. Medium sweet malts. Ends pretty dry. |
| Palate | Medium carbonation. Medium body. Sticky aftertaste, but also dry. |
| ----- | --------- |
| Overall | A decent bitter. Nothing spectacular but locals are always a welcome addition. Choice depends on the price. |
| Score (subjective) | 15/20 |
Price: Gift from Hop In Pub
This review was improved by RateBeer!
Not great here
Please drink with style and responsibility!
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Uh, yeah. You had better keep those stops tight. We've got a roller coaster on our hands. Personally, I think there are some power players that will be intentionally piercing that low as a way to shake out some weak hands, and I will be using that opportunity to dip a toe in the water. Then again, I'm not a trader. I'm a believer.
Most of us here are! I hope you got it, this just might be the low!
@buzzbeergeek, Disappointed to see whole crypto market getting down and down. Sellers get exhausted with low price yet. Buyers wanna happy. But who're person currently sell their cryptos. But have hope it start bounce soon. Tired to talk and see cryptos. Better time to take Another Croatia branded Valens ESB. Pretty dry taste nice to smell. Smarts shots instead.
good post thanks
I'm just waiting for that last, final, middle finger wick on the bottom of the candle. We might not see it and it might just make a rounded bottom, but I usually like to see that to at least confirm the near-term bottom is in.
Beautiful drawing!