Short

BTC Correction

Updated

I have several targets set up that I believe bitcoin will reach (at least one if not all) at some point in time before a higher rise. The market has made a LH and my previous target has been nearly met (should have uploaded this before that lol oh well). I see seller momentum approaching on all timeframes (daily- the bearish close candle; 4H- downtrend structure forming, and 1H- downtrend commencing) and hopefully these moves will begin soon.

BTC at 8K or so would be nice to finally buy at a low value. Buying will be talked about in the future.

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Target 1 has been reached

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heres a photo from 1H chart showing more detail

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new LH formed on the 1H and you can see more details on the 15 minute chart

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we are back around this price point again (13494) and the market is currently not passing it as anticipated. Must watch this area for the next decision to be made

Trade closed: target reached

Im gonna go ahead and give this bear run a close. Still could have some bearish moves after but with some major moves around BTC this weekend and the mass media getting a hold of it, I think this could be a good goal right here.

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drive.google.com/drive/folders/0BxaNYzjeExWaOGVBZVRtblN6S0U?usp=sharing

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A little late now lol but here are some photos

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Target 2 has been hit. Took much longer after i posted this, but I'm happy my markup was correct.

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Had a fantastic bear run from 15666 to 12799 after the holiday. Very pleased

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we have entered the kill zone

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we made it

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LawsonL

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