4XXXX
Long

BTC Sun/Mon/Tuesday

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Prossible slight drop to buy orders overnight (Far East markets) and to main MIDAS volume support (hand drawn), then up to either top sell orders or a new ATH at FIB level ... after that I expect down lower than now. Massive orders suddenly appeared to make this new ATH = serious money. Do you think they cashed out in 24 hrs on Friday/Saturday? Maybe, a good percent was made for sure ... but no. It has dropped due to being a weekend and being over-brought and has been sold by small holders on their own without the those big bulls! We'll see what the proper working week does. I expect up to a possible ATH , then down to near 5K ... would be natural behavior. So long as there is no bad news, it's going up ... so why short for a few dollars? If it does really drop you can catch that ride later.
Looks to be true and happening on Sunday eve, early Asia and slightly earlier than my prediction! Lets see how strong this impulse leg is. Will it create a new ATH? I suspect so if enough people in Asia see it! The sell orders at the top are weak IMHO. Much weaker than the buy orders. Be careful, a proper pull back is due very soon. Just depends on the drive.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Pine Wizards Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out