I do not know how high this rally will go, but watching the orderbooks on Finex has led me to believe there is distribution again.
If you are long, make sure you have a stop loss at a good point. I recommend below a sell fractal on a higher timeframe.
Watching orderbooks has basically allowed me to predict every pump/dump so far, including the two pumps near the bottom as well as most the barts on the way down.
Price may start heading down after this ends. Keep in mind I may be quite early, since this can have a final big pump.
Not TA. You can outperform by trading alongside the big players with a hedge in the direction of the trend.
Thanks for viewing!
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May have a slight bounce.
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Will update. I see a quick bart down sometime soon.
Trade closed: target reached
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Closed for now. This will probably not be updated anymore.
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Sorry. I just wanted you guys to know that this is not looking very good.