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Just smashed all three Take Profits in one move!!Thanks to trend lines, Support & Resistance with some Fib work involved all the calculated risk was put into position and news certinaly bumped us with a much faster result then anticipated but MOST WELCOME!! We are on point, NO LOSSES THIS WEEK!
Weekend Reversals on BitcoinNote how since the start of 2018 Bear Market we "reverse" all changes after weekends (spikes in either direction if any) to start mondays at roughly the same price level as before or at least retest that level (probably to sync with the futures). We are currently moving in a down channel and are still being rejected by EMAs, will likely bounce down from the ichimoku flat bottom.
There's also another theory that each 6th of the month we have a notable reversal point. June 6th could be next.
