Using fractals and the data from our last major PUMP last week (thanks China!) BTC had about a 5% dump and has stabilized between $8600-$8800. The 4-Hourly RSI and Stoch are flipping to bullish and could be anytime until a SHORT pump happens! Pattern has broken but needs a stronger confirmation.
After BTC dumps there is usually a stronger bounce back up to the major support lines. In this case, 0.236 Fib @ $9100 appears to be the most likely case.
LONG - I think there is a high probability to make a quick profitable trade IMO :)
What do you all think?
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TRADE EXECUTED: BTC (98x) @ $8833
SMALL PUMP CONFIRMED!!
(Don't think we will see these prices for a while)
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After the daily closed it looks like we might get a leg up to 9100. Fingers crossed
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Sweet profits. Short timeframe flagging. Above 21W MA. May see another upside past $9300. 50% Trade still active.