Formerly, I noted that the level 843X has been opened due to spiking of lower levels.
I expected the cycle to stretch a bit more before it returned to claim its trofé, but bitcoin is an impatient asset.
It looks to me to be making a flat correction, these are very difficult to predict and takes traders off guard many times.
I will place an order @ 8430, SL above 8600. Good luck.
Target is 4321.
I expected the cycle to stretch a bit more before it returned to claim its trofé, but bitcoin is an impatient asset.
It looks to me to be making a flat correction, these are very difficult to predict and takes traders off guard many times.
I will place an order @ 8430, SL above 8600. Good luck.
Target is 4321.
Commento:
I think this will trap all those that thinks it will go to 10 000 and beyond
Commento:
Bearish volume divergence building up...
Commento:
Approaching target
Commento:
Not hit 8436 yet. But it will. Just a matter of time. Then the interesting part is to see reaction. Hopefully a forceful rejection.
Commento:
This sideways movement is selling of coins to breakout-hopers
Trade chiuso: stop raggiunto:
Spiked above the level and triggered stop. A very expanding flat indeed. But lot of unseen targets below now so new short in pipeline.