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TheTimeCount
Feb 11, 2020 1:03 AM

BTC - I gave you the $10k forecast. Now I give you under $9k Short

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

I can write a bunch of TA reasons but the simplest is the best: indicator has spoken.

We're heading back under 9k.

Comment

Was a bit premature but all signs points to a very toppy range

Comment

Top looks in.



Journey to 9k.

Comment

We got several converging indicators telling us the top was around the range of 10500-10600

1) Fork Res
2) Auto-Target indi res
3) Small TF wave 5 res
4) Large TF wave 3 res
5) BDBs
6) Exhaustion

It was all just a waiting game

Comment

Not wrong. Just early. GG Thanks for playing.

Comment

Comment

And all targets hit. Momentum is still very strong. 8600 is definitely in sight and 8k isn't off the table either. Beware of buying back early.

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