Good Morning Traders,
I have been expecting a retest of our 111k support for some time now. Yesterday and today, we have tagged this support with our daily candle wicks. I expect our 111k support to hold strong. It represents strong support and the completion of an "M Pattern". Though we could wick down quickly to 109k to free up another 100 million+ in leveraged longs, this move would likely be very quick, and I am not certain the market makers and manipulators would even deem it a worthwhile endeavor. However, just to be certain, if you are going long here, I would certainly place any stops somewhere below 109k pending risk tolerance. By the end of this week, I am expecting Bitcoin to start moving up again.
✌️Stew
I have been expecting a retest of our 111k support for some time now. Yesterday and today, we have tagged this support with our daily candle wicks. I expect our 111k support to hold strong. It represents strong support and the completion of an "M Pattern". Though we could wick down quickly to 109k to free up another 100 million+ in leveraged longs, this move would likely be very quick, and I am not certain the market makers and manipulators would even deem it a worthwhile endeavor. However, just to be certain, if you are going long here, I would certainly place any stops somewhere below 109k pending risk tolerance. By the end of this week, I am expecting Bitcoin to start moving up again.
✌️Stew
Stewdamus Trades -
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Stewdamus Trades -
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.