TradingView
TensorTom
Aug 1, 2018 2:40 AM

Bitcoin / BTCUSD M Pattern Correction Expecting POC Reversal Long

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

This XBTUSD idea is pretty self-explanatory. We have the M pattern. We rejected in an expected manner. I think we'll bounce off the POC at $6,700 and keep heading up.

Comment

Blew past POC. Still in overall range. Don't think we will drop past lowest.

Trade closed: target reached

Yet another success to close.
Comments
HumbleFutures
Do you know where I can find a script that paints a longer term POC on a shorter term timeframe? i.e. showing the developing POC from the 4hr chart onto the 2 minute chart
BitcoinKang
Buy order set at 6800, lets go to the moon. So say we all.
TensorTom
@juliancedrone, So say we all.
TensorTom
@juliancedrone, Also consider this: twitter.com/PohaiRodrigues/status/1024492057753137157 . The one I labeled medium could turn out to be the highest probability. Not sure.
BitcoinKang
@TensorTom, Looks like we are close to that highest prob line!
BitcoinKang
@TensorTom, The accuracy of this chart is pretty damn good sir, even if it was the lowest probability. Well done.
More