Jaynkumz

Jaynkumz Updated 

Just wanted to make a placeholder for this structure. I would consider this extremely conservative on both sides. Plenty of room to run in either direction should the volume really start to pick up. I currently have a short position which I'll hold until the previous main support at least but with the low bounce on the previous I'm not going to be surprised if it...

Jaynkumz

I'm currently out of any BTC positions until I can get a better read on the market the next few days. Things were definitely looking bearish but it looked as though things could take a swing the other direction. The nHouse shows a reversal is currently taking place but will take a week or so to see if it continues. A lot of things can change in the meantime so...

Jaynkumz Updated 

It looks like BTC is performing a similar step down pattern as played out last week based upon indicator behavior. I would expect BTC to move down to the 8-8100 area before the step down is finished as I don't think it will break down through 8k by mid week just yet.