mycotoxin

BTC - Correction - can pull back to the .618 FIB at 10156

BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
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BTC - Correction after pump for profit taking and can pull back to the .618 FIB at 10156

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Wont such a pull back make it easy to fill that 9.6k gap? But as we saw, it touched 11.6k and did not fill the gap.. what a bummer.. its like ordering a big mac and getting a nothing burger... and what about the double top? could turn intoa C&H in time..
+1 Reply
Only to 10100? You don't think the plan is to dump it back to mid 9s before the weekly close? Though at 10156, they'd still be back inside the long-term downtrend of 2017. Hmmmm.
+1 Reply
mycotoxin DoctorJohnSmith
@DoctorJohnSmith, yes it could do , ut notice the run up in 2019 which is similar to the current move , BTC did not fill the gaps when they occurred and instead waited till it peaked and then hit the gaps
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