I'm ignoring the winkelvoss ETF news as long term any influence - that is expected... this is good opportunity to buy the dip with a very tight stop under the support line and .236 fibs... this is a manipulated market and this news was perfectly timed to help the much needed selloff to reset RSI before next leg up should BTC be this strong. Great test to see if bulls in control this week.
Also we are on a 2nd bar of 9 perfect sell on TDSA so expect 1-3 more days of red candles before next move up.
www.cnbc.com/2018/07...rejected-by-sec.html
Also we are on a 2nd bar of 9 perfect sell on TDSA so expect 1-3 more days of red candles before next move up.
www.cnbc.com/2018/07...rejected-by-sec.html
Comment:
There were also two bear divs on 1HR and 4 HR timeframes that formed on last two drives up that are not getting accomodated. There is some sanity to this market!