Camarilla pivots and CPR on weekly levels. It will likely test the developing purple pivot around weekly close. Because carful if targeting there instead of simply buying because todays price action could alter it to retrace from higher point. average in method might be safer. Also if bullish can wait for weekly close and buy when it tests the new weekly pivot as it likely will.
It may bounce to higher levels in low 62 to 64k area prior to weekly close. if it does the pivot retracement point will be around 58/59
You are the biggest bear I know....hehe, but you do make some good calls (not as often as I would like) and another type of view is always refreshing. Thanks mate. This is my target $62524
impermanence404
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@HowToBuyBitcoin, Thats why I set a trailing sell
Gunslinger2005
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@HowToBuyBitcoin, i am not a bear sir. as the weekly pivot gets hit at this moment..as it does 90% of the time or more. i will clue you in to a little secret. i also BUY once the pivot gets tested. because knowing the monthly and weekly pivots get struck once coming onto play is how the reversions operate. and they are healthy retracements
Pro_Trader_HTBB
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@Gunslinger2005, so we hit the buy pivot just now then champ?