Eloquent

the last short attempt 🔨

Short
Eloquent Updated   
COINBASE:BTCUSD   Bitcoin
good evening,

bitcorn is pulling some nice numbers today - currently in a euphoric parabola

there is this one algo target overhead, in the upper 63k region - the 100% extension of the potential wave A.

i'm not sure which scale the algos are on, but the 100% extension is a significant target.

on log scale this level is at 72k, but on linear its in the upper 63k range.

If the algos are programmed via the linear scale, we'll see this target act as a hammer.

if it blows through it - expect 72k~

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ps. this will be my last short order, if it doesn't get rejected from this green level - i'm throwing up a white flag, and i'm surrendering until 72k.
Trade active
Trade closed: stop reached:
gg
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