Hi everyone,
Today, BTC has finally reached its first bearish target on COINBASE.
The price is currently printing an exhaustion point S13.
On BITSTAMP, this same exhaustion point is still at $7.470.
(There is a countdown shift between the 2 platforms so it is difficult to rely on a single target.)
Yet, the COINBASE exhaustion point remains a valid entry point to test a long.
It also coincides with multiple exhaustion points on the 6H chart (S13-A13-C13)
We should hence, observe a bounce in the next hours
Warning Points:
Best!
MATHR3E
Sequential indicators:
Today, BTC has finally reached its first bearish target on COINBASE.
The price is currently printing an exhaustion point S13.
On BITSTAMP, this same exhaustion point is still at $7.470.
(There is a countdown shift between the 2 platforms so it is difficult to rely on a single target.)
Yet, the COINBASE exhaustion point remains a valid entry point to test a long.
It also coincides with multiple exhaustion points on the 6H chart (S13-A13-C13)
We should hence, observe a bounce in the next hours
Warning Points:
- On the 4H chart, the bearish countdown has just reset indicating a possible bear continuation
If the bounce is able to mark a candle's low above 8508 or complete a new Sell SETUP, then we could get rid of it.
- On the 12H chart, the next exhaustion Point S34 is also matching the BITSTAMP exhaustion Point S13 at $7.470.
Best!
MATHR3E
Sequential indicators:
- MATHR3E TD Multi Sequential
- MATHR3E TD Setup Trend
- MATHR3E TD Sequential Fibonacci Extension
- MATHR3E TD Aggressive Fibonacci Extension
- MATHR3E TD Combo Fibonacci Extension
