the_sunship

BTC pennant time

Long
the_sunship Updated   
COINBASE:BTCUSD   Bitcoin
Doesn't come any cleaner in BTC land. However - everyone sees this, so when it breaks (up I assume) expect a fakeout, quick sell off to stop out longs, 5 minutes of panic, and then huge green candle.

Target above 12,500 maybe even above 13,000 to clean out shorts.

This is what the MM's do over and over again.

Good luck!
Comment:
Another possible scenario.


Also - It could just crash. Be careful
Comment:
Well, it crashed. I think 11k gets tested, maybe to the .5 fib at 10700 area. Stopped out of longs overnight (thankfully), just waiting to see what happens now, but I'm a buyer from 11k and under, for a bounce at least.


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