BTC play by play
So I have been calling BTC movements down to the candle for the past two weeks. I wanted to give you my new projection. Before I begin let me inform you that my long calls have been dead on, but the pull backs have been so shallow that my 'short' calls have been off. BTC has not pulled back not once since liftoff at 6000s. We are due, in my opinion. I sold out at 11300s. The action was extremely odd if you were watching. I would have pulled out higher but it seemed so ridiculous an attempt that I didn't think it would stick. I'm now looking to buy back in since the storm has quieted down a bit. Now if they really wanted to pull this down and let the bears have some fun, they would present us with a lower low and a lower high in the near term. Then all the chickens would start running around clucking sell sell sell, and many will. But not me. CME contracts expire in a few days....and it is my opinion the big boys need this pull back before the spring is released come Friday (Thursday night for those of us in the states). I am going to sit and watch and probably rebuy 50% around 9500...I would suggest slightly above but hey it could go lower than that. Then again all of my pull back calls have cost me a few hundred pips.....uhhh satoshi's ; must get that old forex lingo out of me. Take a look at some charts fight your way through the chatter and know where your stop loss and profit is going to be before you enter a trade please...It will make this much less stressful and then you can play games for a few satoshi when you want to. I am going to keep a close eye on this guy, remember we are popping off that lower channel line that you see in the graph...for all I know this could be it...the huge pullback to 11K...if that's the case we hit 15K on Friday. Either way longs win here. Remember not financial advise just enough opinion to lose money.
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What has happened so far. Will we break the Fib?? I think shortly and then down to that other channel we touch and pop back up...could go lower
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So I hit my first buy at 10251...will it go to 9600? I dont think so but it could pass through that bottom trendline.
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