Rebuy as close to 9100 as possible.
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After rebuying, March 02 is the next Sell date of interest (Weekly Tom DeMark Sequential Sell Setup).
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$10,831.95 is a TD Sequential Weekly Countdown (13) Sell signal. This WILL be used by smart money to sell. Strongly consider selling at this level, but factor in fomo. Don't be greedy up there. Wait for peak ignorance to sell at the best prices, but focus on that level (shown in bold pink).
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New Buy Target: $9,450 (EMA 30)
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Bearish Perspective:
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Nison PB&J Sweetspot Buy successful. Change of polarity (old resistance becomes new support). Target is Weekly DeMark trend target $10,831.95
Trade closed: target reached:
Buy Bitcoin. See new post.
1. Uptrend.
2. PB&J Golden Cross makes center of MAs buying sweetspot.
3. Old resistance becomes new support (green lines).
Price is within the buying sweetspot. Look at candle #4. Swing traders entered here, and lost on candle #5. The shakeout happened below the low of candle #4, below EMA 30 (yellow).
Reasons to buy:
1. TD 1-9 momentum kicked off a 13 bullish trend count.
2. Selling pressure has relieved over 7 days.
3. Price is at the perfect Sweetspot support, EMA 30.
4. Nison 'Swing Shakeout' pattern.
Expect the new daily to break $10,500.
1. Uptrend.
2. PB&J Golden Cross makes center of MAs buying sweetspot.
3. Old resistance becomes new support (green lines).
Price is within the buying sweetspot. Look at candle #4. Swing traders entered here, and lost on candle #5. The shakeout happened below the low of candle #4, below EMA 30 (yellow).
Reasons to buy:
1. TD 1-9 momentum kicked off a 13 bullish trend count.
2. Selling pressure has relieved over 7 days.
3. Price is at the perfect Sweetspot support, EMA 30.
4. Nison 'Swing Shakeout' pattern.
Expect the new daily to break $10,500.