The Spontaenuous BTC FRACTAL PUMP Nobody Is Seeing - $9100-$9300
Using fractals and the data from our last major PUMP last week (thanks China!) BTC had about a 5% dump and has stabilized between $8600-$8800. The 4-Hourly RSI and Stoch are flipping to bullish and could be anytime until a SHORT pump happens! Pattern has broken but needs a stronger confirmation.
After BTC dumps there is usually a stronger bounce back up to the major support lines. In this case, 0.236 Fib @ $9100 appears to be the most likely case.
LONG - I think there is a high probability to make a quick profitable trade IMO :)
What do you all think?
After BTC dumps there is usually a stronger bounce back up to the major support lines. In this case, 0.236 Fib @ $9100 appears to be the most likely case.
LONG - I think there is a high probability to make a quick profitable trade IMO :)
What do you all think?
Note
TRADE EXECUTED: BTC (98x) @ $8833SMALL PUMP CONFIRMED!!
(Don't think we will see these prices for a while)
Note
After the daily closed it looks like we might get a leg up to 9100. Fingers crossedNote
Sweet profits. Short timeframe flagging. Above 21W MA. May see another upside past $9300. 50% Trade still active.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.