I sure hope this is right!! I'm in a buy position right now and this would be the perfect entry point
orbborrison
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@africanxmamba, I'm in with you, but not at such a sweet spot - 7300.
It's a good entry too, since we are expecting at least a few figures gain in a few days.
If it doesn't play as many bulls predict - more probably the race will be delayed
for weeks or months as with the previous big pump.
In the case of a continuous flat - will be playing by
bouncing off levels).
orbborrison
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@orbborrison, dozens of figures are possible. I'm waiting too) Kinda time to got to sleep right na...
africanxmamba
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@orbborrison, What time were you ultimately expecting the uptrend could begin to start? I have a market chart as well and I believe it could hit a resistance level at 7800 if prices rise.
orbborrison
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@africanxmamba, While I'm asleep I'm afraid))) Im setting the alarm and a few Take Profits at 7550, because 7500-7600 - is the important level we can bounce off a time or two before rising to 8k+. Next good places for Take Profits are 7700 and 8000. Nice spots)
I'm setting TPs around these levels.
And some is in long without any Take Profits. Wanna try to sell this bunch at the very top - probably 11500, but this is very speculative.
africanxmamba
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@orbborrison, Hopefully this analysis is correct as you provide excellent and valid point. May the market go in our favor
@africanxmamba, Glad someone finds it resourceful) I'm kinda ordering my thoughts here, relaxing, drawing charts every few hours... drawing helps a lot...