This is my current thinking for Bitcoin. A fall back to ~$8600, followed by a move either way up to $9400 or a move down to $8300. This is based on the VPVR and Ichimoku cloud levels.
Commento:
Bitcoin is bouncing around the top of the middle box. Not in a trade until it picks a clear direction.
Commento:
Not in a trade yet, watching the 4 hour RSI for a move in either direction.
Trade attivo:
Opened a short when it went past 8500, sadly Bitmex kept saying the system was overloaded so I opened the short on Kraken with BTCEUR, got in at 6901.
Commento:
Target should be between 6700 EUR and 6550
Trade chiuso manualmente:
Closed at EUR 6799. Higher than my estimate above but Bitmex touched the lower box so I think it's fine. I still expect a move slightly lower into the lower box but it's not worth staying up watching it.