Hello traders, lets have a fantastic trading week!
Midterm projection for Bitcoin
If our Midpoint Supply block gets blown out I expect market to aim for the $3,800 USD highs to wipe out any short sellers and bottom sellers for BTC. If this occurs I expect us to target our lows and potentially new lows into the mid $2k mark. Tons of liquidity for shorts above here as we look to our left marked in X. Patience as we enter a new trading week before the holidays.
Full time updates within telegram and V.I.P
Twitter - @TDSniper
Midterm projection for Bitcoin
If our Midpoint Supply block gets blown out I expect market to aim for the $3,800 USD highs to wipe out any short sellers and bottom sellers for BTC. If this occurs I expect us to target our lows and potentially new lows into the mid $2k mark. Tons of liquidity for shorts above here as we look to our left marked in X. Patience as we enter a new trading week before the holidays.
Full time updates within telegram and V.I.P
Twitter - @TDSniper
Comment:
$3,800 held perfectly. Here we go. Incoming $4,200
Comment:
$BTC 4HR
$4,200 breaks and holds and we are headed for 4.9k USD
$4,200 breaks and holds and we are headed for 4.9k USD
Trade closed manually:
Check our 2019 Bitcoin Update
Our Midpoint Supply block got wiped out, now flipping this level into Demand. Watching carefully over the next few days for a clear path on BTC within these highs.
We dont have to see $3,800 get taken coupled with a Bearish Engulfing.
A break above and hold above $3,800 and we will long BTC and the majors / enter more alt positions within the markets