gonna be some nice opportunity's to make bank coming months, daily 100ma is gonna be tested before the year ends. Everyone screaming for lower, I think the bottom is in for now like I said before.
Short: 23200 to 19200$, moving average lays here and if we follow my fractal it will be a perfect option for a 20% trade.
19200 will serve as a higher low, and imo the perfect place to open a long. At first use low leverage, you'll have enough time to compound all the way up to the 100ma. Its currently a little higher but it will come down some more, exact level will be visible soon.
Then I'll close my longs @ 34k and fade the 100 daily ma, I'll keep you guys updated ;)
Short: 23200 to 19200$, moving average lays here and if we follow my fractal it will be a perfect option for a 20% trade.
19200 will serve as a higher low, and imo the perfect place to open a long. At first use low leverage, you'll have enough time to compound all the way up to the 100ma. Its currently a little higher but it will come down some more, exact level will be visible soon.
Then I'll close my longs @ 34k and fade the 100 daily ma, I'll keep you guys updated ;)
Comment:
First target reached, but market weaker then i thought, miners still in loss and they will continue to sell and lay pressure on the market. I've my orders ready, Ig 19600-19200 should be the higher low. Next target: 28000. ;)