First post.
Spot had an amazing break out. However, MACD starting to curl downwards on 15, 30, 45, and 1hr charts.
Watch out for profit taking, I would expect a retest of the 200 price point before blasting off higher. Tried to get above 229
that seems to be the sell zone for now. A series of lower lows and lower highs start to appear on the 1min and 5 min chart.
Mid term support zones on the bears need to push through:
200, 217, 221, 225.
Best of luck,
--d0x
Spot had an amazing break out. However, MACD starting to curl downwards on 15, 30, 45, and 1hr charts.
Watch out for profit taking, I would expect a retest of the 200 price point before blasting off higher. Tried to get above 229
that seems to be the sell zone for now. A series of lower lows and lower highs start to appear on the 1min and 5 min chart.
Mid term support zones on the bears need to push through:
200, 217, 221, 225.
Best of luck,
--d0x
Trade closed: stop reached:
failed to fill the gap.