OK I talk about the levels I'm seeing. Could all be a bear trap, or we flush first to 3900, 27k for BTC. Either way, I don't think it just drops through yet. Expecting a bounce soon.
Komen:
so far so good, needs to get over 4k and hold for the rally to occur
Komen:
Over, expect retrace to 4k or thereabout to be bought.
Komen:
If we start getting under 3980, I'm out of this trade. It's possible qqq and SPX are in a triangle formation, If so we still may get one more down - be careful
Komen:
Levels to watch in boxes. Very difficult trade, possibly both a bear and bull trap within a few hours - good luck
Komen:
That wave 4 idea is playing out - 39-3800 target next
Komen:
Komen:
overall structure
Komen:
Komen:
Bitcoin likely to 27k by tomorrow or friday , then relief rally
Komen:
They are holding on to the structure so far, but if it breaks below 3930, we should get a swift wave down to mid 3800s tomorrow.
Komen:
Possible bounce starting today!
