BTC in falling wedge, on the very strong support, selling volume is so low and dump below current low would not make any sense. My guess is, that we will touch upper trendline or strong ressistence at about 3850. I think this big move will happen during weekend (9.2. - 10.2), this will be best for whales, because there won´t be so many people to "jump on that pump". LTC´s pump is good example, what might we will see.
Note
Well the pump came a bit earlier then I predict, but I have been long position, believe or not, exactly at 3330, what a luck. I assume that this is just first wave, now second wave is of course correction and then the third wave, the strongest one should came.Trade closed: target reached
I took profit at 3850, what a nice swing trade. And now time to short :) .
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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.