Short based on the dump and the current PP is 10699 and we should see a drop to S! then likely congestion at 10300's then to 10200.
this is where I'm expecting a pullback to possibly to the bottom of the cloud at 94-95
our 500 MA cloud is narrowing and BTC is LOOKING sideways and Bearish overall but uptrending currently.
change in trend confirmed and 10800 is now support. Volume continues to increase steady and i see 11300 within a day and probably a new high into the 12500 by end of week.
so we took a massive pump due to shorting to 390 a higher low and then dumped to the 200 ma high got the dead cat bounce then dumped again to S1 now just some volume from the previous 3 days holding up the drop the rest of the way down to s2. I'm looking for a retest of the 200 ma low but expect a strong rejection. My Targets are 362-356-351-340-327
respecting the cloud and falling fast due to so many LONGS from Trdaers looking for 13K
wedging in for a break down to 64XX then to 69XX. placing short at 6556 and long at 6525