Filled longs at the spring of the wyckoff accumulation today. will be building this long and will consider shorting if we hit the higher range of the fibs at close to $200k.
I was previously bearish on the market and still am cautious with what happens next. However, the charts are reading extremely bullish now that BTC has closed monthly above the long standing rebound zone (orange). A retest of these levels is still possible and an excellent place to load up again should we retrace to those levels. It appears that $90k will be an...
We have tapped to top of the furthest fib extension. Beyond here is obviously price discovery which becomes increasingly risky for longs. Retracement and consolidation could build a good base for another large move to the upside.
OGN/BTC looking solid. Market cap is around 50million which could mean some good mid-long term growth for OGN. If this monthly candle can close strong, we could see a retest of the green line next month and moves to the fib measured sat levels above. Prices here and below are good places to buy and hodl to the key fibs where profit taking should be considered.
positive funding seen on bitmex could indicate we are heading down and if we are we could see 10k levels again, where longs could be considered below. Boxes are all fib measured. So short term... potential short.
Price breaking out of channel. Not trading break out. there should be a fib bounce which will create a lower high and from here short the measured high and low fib move once it is created.
Blue is where you take profit from ur scalp longs that weren't liquidated in that dump