PTO

BTC & Hodlers Woodwork.

PTO Updated   
BINANCE:BTCTUSD   Bitcoin / TrueUSD
Hello Traders .
Price blasted out from my last target and keeps it ok :/ performance . As you can see on 4H pushing down didn't work couple times and volume on each drop got smaller . Over all selling volume its drooping on 1D as well . We are holding 1M pivot here and that suggest we are going higher . I believe that R1 should be the target witch it correlates with Fibs levels . In same time we are still in descending channel as you can see in black but we ware staying above EQ and Im expecting us to brake out from it. We have new line running as support in light blue and long time one in light green . On Smaller time frame we can see daily pivots ( we got 3 out there so I don't make to much mess on the chart ;) ) its getting higher and higher and resistance lower and lower . We already did try to brake R1 couple of times and we will try again on last attempt volume got smaller with that in mind R1 on 1M should be the target . BUT WE HAVE TO HOLD THE PIVOT . Also D- failed to come over the D+ witch suggests uptrend . ADX ATM its not that hot and has plenty of room to go higher moment we see this and having D+ above we will go on the run to the up side . One think we need to see is demand volume increasing and its not doing so well witch Im still questioning so as long as we keep P on 1M im remaining Bullish and expecting a uptrend . I'm not in any position ATM beside the old good HODL and adding some amounts to the stack here and there depending on my FIAT ;/ flow. I do trade 100x and only enter the trade when Im confident and we have volatility and that happens mainly on very short time frames . All this is speculation and Im not here to give any advice these are my observations and that's all . As always THE only think you control is how much you loose ..

Hit thumbs up if you agree or like the post. Keeps me motivated to share my opinion . I will follow up with my other platform look soon .
Thank you for looking and happy HODL :)
Comment:
If you follow my other charts you know what this represents ...
Comment:
dont feer . we have unfinished auction on MEx .... as wee all know it has to finish so we going back up to that point .
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This could be system glitch .. this platform its still in beta mode ... checking again on it ,
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Yes it was . I don see that auction anymore it was finished . My screen was frozen on that platform .
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