Formerly, I noted that the level 843X has been opened due to spiking of lower levels.
I expected the cycle to stretch a bit more before it returned to claim its trofé, but bitcoin is an impatient asset.
It looks to me to be making a flat correction, these are very difficult to predict and takes traders off guard many times.
I will place an order @ 8430, SL above 8600. Good luck.
Target is 4321.
I expected the cycle to stretch a bit more before it returned to claim its trofé, but bitcoin is an impatient asset.
It looks to me to be making a flat correction, these are very difficult to predict and takes traders off guard many times.
I will place an order @ 8430, SL above 8600. Good luck.
Target is 4321.
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I think this will trap all those that thinks it will go to 10 000 and beyond
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Bearish volume divergence building up...
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Approaching target
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Not hit 8436 yet. But it will. Just a matter of time. Then the interesting part is to see reaction. Hopefully a forceful rejection.
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This sideways movement is selling of coins to breakout-hopers
Trade closed: stop reached:
Spiked above the level and triggered stop. A very expanding flat indeed. But lot of unseen targets below now so new short in pipeline.