So we are at the 70500 right now, I think we are seeing a little retrace to the 69500 from where we will pick up some buy orders we go past the ath only a little, crush those stop losses from the shorters and will then see the big pre halving sell off to around 58k or maybe even 53k.
Picking up buy orders after dipping to 69500? Smart move. This could really shake things up for the shorters if we breach the ATH, even by a bit
Melison020
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Shorted it from 70546 to 69666, am now in a long from 69410 watching if we can reach the hard resistance at 71200 where I will close the long. From there I am watching where to take the short. So for now it’s still going as planned
bed87
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@Melison020, Do you still see this heading above to your 75k target? By Monday? Kind regards.
Melison020
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It just bounced from support. The 71200 is hard. If we cross that we will likely see the 73-75k region.
bed87
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@Melison020, I see it tightening in a very small range now. I hope volume comes in and it breaks upward soon.
bed87
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@Melison020, Seems to be having trouble at the 71200 mark.
Melison020
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We will see, for now it’s still holding
bed87
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@Melison020, It just looks ridiculous now and hasn't chosen a direction either way yet lol
Melison020
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Its still between the channel. Will have an answer soon enough. Still in my long position.
bed87
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@Melison020, Be nice to see one more nice rally up before the big fall.