Long

3.2k fractal in play. Moon or doom time.

Updated

Please see chart for similarities in RSI structure and how we dipped right under the point of control before take off. Also see how we rode the 55 ema the entire time. It's beautiful. I believe we will moon today. If we lose 9k I think we may slow bleed until 8.2k and hopefully that holds. If it doesn't I will become a macro bear :(

Note

We really need to close into the cloud to maintain bullish momentum. We rejected at the daily kumo twist which is usually the place of strongest resistances.

Note

Not looking good boys. Possibly new lows. Not sure.

Note

Slow bleed.

Trade closed: stop reached

BTCilyKandinsky

BTCily Wassilyevich Kandinsky (16 December [O.S. 4 December] 1866 – 13 December 1944) was a Russian painter and (ch)art theorist.
Kandinsky is generally credited as the pioneer of abstract (ch)art.

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.