lots of long positions being accumulated past days, large upward movements are now unlikely as people can start closing positions. slow movements to attract longists and sudden small squeezes to shake off shortists are most likely during the weekends. and if that's how weekends play out, i'd recommend short at 7650 with 7720 stop. target 7200
on a serious note though, check my previous charts, they hit really well and was the most accurate here on tv. this week we have a pretty low risk of going below 6600, relatively a safe buy with target around 6990. being out of the market is now the best idea...
check out my previous chart
it's still on point and consistent with the idea above.
there's currently many possible scenarios on btc. one would be a pump back to 7300 during the weekends with a crash on monday. the other possibility would be slow weekends landing on 6600....
every whale is a painter in heart. i'm just going to leave it here.
p.s. why is this arc annoying you may ask? well it still leaves possibility for a 7400. so we don't really know how far this manipulation can go. overall though this is a pretty bearish setup