Someting odd about current BTC movement, theres a drop missing
Maybe i have my bear hat on to tight , but if we look at the right angle triangle in the middle we have covered distance 'A' which is a drop to 6126.
The next drop should be 4179 but BTC has gone the opposite direction and ignored drop 'B' which takes us to 4179.
- So we have a missing drop to 4179 which BTC is ignoring and has wandered off to higher pastures .
But Im sure BTC will come back and execute this drop later on and we have to be on the lookout for this drop .
This drop may take place in a few days or next week but BTC does not forget and will come back and hit this 4179 drop ,
The next drop should be 4179 but BTC has gone the opposite direction and ignored drop 'B' which takes us to 4179.
- So we have a missing drop to 4179 which BTC is ignoring and has wandered off to higher pastures .
But Im sure BTC will come back and execute this drop later on and we have to be on the lookout for this drop .
This drop may take place in a few days or next week but BTC does not forget and will come back and hit this 4179 drop ,
Comment:
take profits it dips below 7300 as this can become a 4 k drop
Comment:
: Folks Im going silent for a while - until I see that 4k drop . Theres no point in posting graphs if it does not reflect what occurs. So either my methodology is incorrect and I need to review or something is aims . I will not further any graphs - But for we can enjoy 1 to 4 days of uptime . It will take us to the weekend.
Thanks you and have a great week
Thanks you and have a great week
Trade closed manually