Fishing for Long's after a dump is risky, i'm bored and have some spare btc left on OkCoin
BTC-E seems to signal the worst before anyone else. Wondering what it's next dump will tell us.
Not liking this...so i closed my short...might go long.
12HR is hugely in the bears favor, and 1D is still bearish. Pretty certain dreams will be crushed.
Question inside regarding current play for the time-starved individual altering between 4HR and 6HR charts.
Mewn attempt - Custom Fibs, i don't care about rules or guidelines 1-5 A-B-C 3-5 5-3 All i care about
Look at the pretty fractal. Run to 387 again likely if it continues, however it needs volume.
Testing Kill Zone Fractal with Custom Fibonacci's (similar to ICT)
Very interesting looking at 1M vs 1W...very telling.
Should be within the levels i have here
Until a clean break of 388 and subsequently 390 we will have more short/long torture. Good entries into this madness are within 382 range.
If you catch a correction or dip, this Futures run will be good to you, if you have the balls to short, anything under 390 is safe.
Switching between 4hr and 6HR is crucial. I completely forgot about 6HR.
Futures decided to go full retard.
BTC has fallen out of the wedge it was in the 4HR timeframe, and it may clock in another round of support, but ultimately the trend is very bearish. As usual with this sideways action a nice red candle forming would be extra confirmation, however i see us getting more and more resisted with time. 378 will be tested next and i see a fall to the low 370's.