So as I stated in my last publication hope for the best expect the worst and in this case we got the best!!
That volume accumulation i posted toward the end of the publication (which was not originally there at the start of TA) which just goes to show you the volatility of such an exciting and growing market still in its infancy.
Thanks to the 99% aka minnows we have managed to Stop the whales from shorting hence no pivot & consolidation but direct continuity and next stop at $8440.
Market was oversold and volume had drastically dropped but it did not seem like the HODLers we’re willing to wait for this weekend to end or Monday/Tuesday for their consolidation. This is ascending wedge has presented us with a short opportunity and my guess would be at our next target 8440. Update more later!
That volume accumulation i posted toward the end of the publication (which was not originally there at the start of TA) which just goes to show you the volatility of such an exciting and growing market still in its infancy.
Thanks to the 99% aka minnows we have managed to Stop the whales from shorting hence no pivot & consolidation but direct continuity and next stop at $8440.
Market was oversold and volume had drastically dropped but it did not seem like the HODLers we’re willing to wait for this weekend to end or Monday/Tuesday for their consolidation. This is ascending wedge has presented us with a short opportunity and my guess would be at our next target 8440. Update more later!
Trade closed: target reached
Trade active:
Short target reached looks like we are settled at 8600 and less I predicted we are headed towards 8800 By the end of the weekend and even though it’s only Friday believe me we will be stuck at that resistance for the duration of the weekend I’ve been doing this long enough to know that much. Cheers :)
Trade closed: target reached:
/twitter.com/a1mtarabichi/status/1140476211128414209?s=21
Cheers.
Cheers.
