Bitcoin

RACEACEACE #BTCUSD #BITCOIN #XBTUSD 11K

310
This is my twelve hour chart. I believe that the top for this swing up will be put in at 9907. There is a chance this could get a wick up to 9987 on the 12 hour. However, I believe at OR BEFORE 9907 it will most likely correct down to 9530. After the correction, it will begin a move upwards to 11,000. I do not believe that shorts should be taken. Shorting opportunities will be brief and have been brief. For high leverage traders, it isn't worth all of the time spent staring at the screen. It's long game 101.

Note: Turning 9907-9987 into support will result in a move upwards to 11k, in my opinion.

IMPORTANT: I BELIEVE THAT ACCORDING TO TIME, THE PRICE WILL REMAIN BULLISH UNTIL AT LEAST SATURDAY.

This summarizes my current bias. I have closed my long position. I was able to enter at 9654 and exit at 9850. It was a good scalp. I am currently flat.

Note: I did use Tekglow Tether Bot as confluence for my previous and current analysis. I also did use it as confluence for entry and exit of my trade.

Reminder: I am a high leverage scalp trader, so my time in the market is relatively brief. Enter, see profit, take profit and exit.

NOTE: ALL PRICES ARE IN BITSTAMP PRICE. ALL TIMES ARE IN UTC TIME.

The dotted yellow line on my chart should be 9907 not 9917. Sorry about that.

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