BTC...Update We hit our first target and created a lower high
GeekChartZ
(Chart reading made Simple)
...please Like and Follow
GeekChartZ
(Chart reading made Simple)
...please Like and Follow
As you may all know We hit our first target and created a lower high...Great!
If you have not seen my latest post on BTC I linked it at the bottom of this post.... My BTC post was called Time to Profit like our father!
Now that we have hit out first target and watched price move back down to our Support we most be patient and wait for a reversal pattern such as a Double bottom or so..
I believe BTC can make at least one more higher lower and I have identified new supply zones
T1 6702 - 6664
T2 6994 - 6896
Those of you who are itching to find an early short position before the bear takes off I would consider these supply zones for maximum profit. It is alway best to jump on the rain early rather than be late.
Again lets be patient! and allow the accumulation happen and let banks and institutions play with it right now... the money to be made happened already.. do not get eaten up trying to chase right now.
we want to plan the trade and trade the plan.
Plan is to...
identify a reversal pattern within our demand box and support line.
FYI check out what happened the last few times price hit our support line..... Double bottoms formed
(Chart reading made Simple)
...please Like and Follow
GeekChartZ
(Chart reading made Simple)
...please Like and Follow
As you may all know We hit our first target and created a lower high...Great!
If you have not seen my latest post on BTC I linked it at the bottom of this post.... My BTC post was called Time to Profit like our father!
Now that we have hit out first target and watched price move back down to our Support we most be patient and wait for a reversal pattern such as a Double bottom or so..
I believe BTC can make at least one more higher lower and I have identified new supply zones
T1 6702 - 6664
T2 6994 - 6896
Those of you who are itching to find an early short position before the bear takes off I would consider these supply zones for maximum profit. It is alway best to jump on the rain early rather than be late.
Again lets be patient! and allow the accumulation happen and let banks and institutions play with it right now... the money to be made happened already.. do not get eaten up trying to chase right now.
we want to plan the trade and trade the plan.
Plan is to...
identify a reversal pattern within our demand box and support line.
FYI check out what happened the last few times price hit our support line..... Double bottoms formed
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