matter of time before this gets tested, probably hit my target sooner than later
Lets see if we can get here. Looking at TTSI on Okcoin, everybody shorted into this rally, "smart money" is still long, so I believe it will be taken higher. Keep in mind this is a previous level of support, now resistance. Eyes are on TTSI to see if profit is taken or rally should continue...
Should find liquidity at the magnet, just as we found it previously at 360-355 spot
this area looks good for a buy, especially if this fails to bounce here!
Looking to clear open MC then retest 412/400, very bullish scenario would be to consolidate above 400
Just some levels to remind myself in future trades
Future targets on the upside, green lines should provide support on pullback. Would like to see 300 hold, 275 would shake a lot of people
My reasoning is on the chart. Im expecting this to unfold. From there reload into 290-285 area. Looking for the pump to complete in the two weeks after the auction.
Resistance became support! I had orders at 272 and 273 which I picked off the +OB on the 4HR, Hadn't been able to check this chart so I missed the previous resistance level... I should write that stuff down since I'm on mobile mostly. Got filled on those orders but I didn't like the reaction off the OB. So I closed for a tiny profit. We ran up to 280, the last...
I have been bullish for BTC over the last month. Doubled my account during this period of time. I was expecting a pullback after hitting the -OB we just went through. Most of my position is already closed which might turn out to be a bit premature. Ideally we would retrace into that 260 area where a +OB lies. Top trader sentiment has been remarkebly bearish...
My setup Im still testing.
The chart depicts what I am looking for in the coming week. We could break those highs and move aggresively higher immediatly. Would be looking for a different entry then. As you can see we already hit the 1.27 extension on that last swing. Also lining up with the asian range fakeout. Short term short could be 1.518 but this is counter trend and risky.