Upward structure has been broken and now created a lower low, seeking for that new lower high. Will it drop after the first reaction on structure or will it shoot higher and then drop. Either way, I expect almost all cryptos to drop. Trade at your own risk & remember, Happy Trading !
Trade closed: target reached:
This long trade is now closed as a huge drop is coming. Those who stay in this trade still going long, you may catch a small move up but be ready for a huge drop coming for almost all crypto. Best of luck to yah & Happy Trading
Trade active:
Bitcoin may have 1 more move up even though it touched a major area for me and there was quickly a rejection candle. I expect 1 more move up and than a big drop coming. So far the move has played out very well. What I always tell people, don't get greedy, take your profits and look for your next opportunity. Happy Trading everyone.