During daily analysis, I came across a H & s pattern potential, on line chart.
Invalid in the 9200 range
POC 8700 range
Targets 8200-7800 btc/usd
Trading details will be available in my telegram chat, and on my Zoom trading channel
During my quarantine time I've moved into the Metal markets Silver looking strong nothing to technical just picked it up at a low of 13.8 I was under for a couple of days got stopped out 1 times gave me a better feel for the silver market participants currently holding above 14.91
I continued to short doewn using cross earning 112% on a short and was analyzing Tensor chart found buy walls at 7600 mega buys on bitfines and Binanace I got a buy signal on Binancean filled long at 7635 15xcurrently 50% ROI, potential SR fliphoding atm 7765 area SL 7645 in profit
As I was expecting a last line in the sand with the 61.8 fib at 9300 to act as support, which i had a long in place which I cut, after failure to act as support and now is acting as resistance classic S/R slip with likelt and logical tgts at the 78.6% from swing 14k and low 3.3k, Im in a live juicy shorte with 50% ROI atm.
good luck can target CME Gap or 8500...
Im still holding my short from 9075, I also opened another short on Binance at the 8400 breach I've kept the BB under observation but looking to confirm another major move in Late January or Early Febuary ill be taking positions but not yet confirmed long or short stay tuned
Update I've taking 75% off my averaged 9075 short still have 25% in the game thinking about adding margin back also adding back to my 6.5k long 10% at a time t key supports 8500 in this case, sell orders continue to cascade when prompted, good luck traders current 170% ROI at the low of 8470 look like a shake out