BTC - Market Makers doing their thing.
Also- If 2014-15 fractal has any relevance today, 94xx is where we would get bull trapped (high) before we dip to 6k and below.
For now - I feel we might play out a H&S pattern all the way to 8200-8400 zone.
Also- If 2014-15 fractal has any relevance today, 94xx is where we would get bull trapped (high) before we dip to 6k and below.
For now - I feel we might play out a H&S pattern all the way to 8200-8400 zone.
Trade active:
Closed right on neckline here. Expecting 9075 and then a re-test of 8800 to see if we bounce hard from there and rocket to 10k and above!
Note -Previous log line resistance we broke is now at 8220. We could go there to test if previous resistance has turned support or not. That price range has been included in the yellow box.
Note -Previous log line resistance we broke is now at 8220. We could go there to test if previous resistance has turned support or not. That price range has been included in the yellow box.
Trade closed: target reached:
Wicked to 8600, closed near 8.8k and rocketed to near 10k.