going into full depth of BTC the weekly time frame is already showing us a huge sell off to even to at $3000 to $2000 range. The Daily I have already wrote up about a month and a half ago stating $6000 is my next region of interest for any buy back potentials. overall I am extremely bearish on the next year or so on this . Enjoy.
BTC is not bullish. This was just a wipe out of all short holders. It's actually even safe to take the short now down on a snipe. but overall the direction is down and we will SEE $6600.
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I am no longer short nor long on this yet. If we get a pump up I know the retest is coming , there for taking this long back up to $10,000 or even $13,000 plus area. We just need the setup to occur as stated in my last mini article. Closed last short position with a small scratch
unfortunately My bitcoin article I wrote a week or so ago ran from My region of $7800 and is floating 500 plus pips now which we missed. But there is still potential for other Alts and Coins , so here we can see a solid structure setting up on lite coin , around the $54 to $53 Region is where we need the setup to occur other wise we won't get the push Im looking...
looking into the daily this is a potential long back to $13000.00 plus Region if we can get a proper setup around $8200.00 to $7800.00 area. Thats IF the setup occurs in this area , we can look at the 3 steps down on the Daily time frame RSI. If no setup around that region as listed , we can still see a bigger melt down to $6600.00 , if the setup occurs I can...