BTC - retest of 7k then down to 4500

13 nov 2017

We had a nice bounce, as we always do after these corrections from all time highs. However, I don't think we're out of the woods yet. Everyone is looking at the 5k zone, and this has caused me to rethink this as an area of support. I generally find that the market will always go higher and lower than the vast majority of people think. In this instance, I believe that because everyone is looking at 5k as an area of support, we will most likely probe a little bit lower into the liquidity pool, before we find true support there. During that probe is where I will look to buy, at around 4500-4800.

13 nov 2017

Nota

I'm looking to open a small long if we find support around 6150, plan to ride it to 7k

15 nov 2017

Nota

Still looking good for 7k restest

15 nov 2017

Nota

getting there

15 nov 2017

Nota

Now waiting on correction