A lot of rebound based purely on speculation while were all still locked inside and not spending money. Rebalanced my 401k this morning to minimize exposure. Think this is heading back sub 20k here soon.
Alright I was wrong the other day on my short at 9100. Cant update the page but I closed out at entry and broke even.
We are now sitting on a huuge resistance at 9400. Some signs of bearish reversal. Bear-Div on RSI and MACD. Bearish engulfing with loss of support and current test to reclaim.
Lucrative S/R. I have .5 retracement as TP at the moment based on...
I bought in too early being impatient. This looks like a H&S pattern ready to rip though. Not only that but massive influx in volume recently should pump this to fill the gap. The gap also happens to coincide with a H&S extension. lets get it
Will be shorting down to 8300 and look to long from there upon confirmation.
Hit 9200 textbook to a H&S pattern extension. Correction following the piercing through 9k.
This is speculation but I see it correcting to 8300 and range for a week or two. Will be looking at BTC.d charts for plays at Major followed by mid market alts.