- Leveraged longs are closing but price is rising
- news is
- The whole crypto market is in an and is
- Capital flow from alts into BTC for 2x
- TD sequential monthly and weekly indicator suggests more upside
- Targets would be 7k and upward after a retest
- Touched resistance
- Longs are exposed and whales will go hunting
- TD sequential is on an 8 on the 4 hour at the top of the trend.. 9 says take profits and you can see this has bene important in this trend
- I would expect the coins to be bought back cheaper before the hard fork.
- We are overdue a biggest pull back in the market but it will probably come after 2x.. or not at all!
I am currently 100% in cash waiting to see what happens next.. sometimes the best trade is no trade until we have clear confluence!
Ill try to keep you updated as things develop.