Low Timeframe Hijinks
Updated
There were some low timeframe hijinks that show whale accumulation and an attempt at a possible price reversal is happening.
A kind of curved little bullish wave on the 3-min, some higher lows, a large 1-min bullish hammer where price accumulated, now trying to break upward.
Seems like it will be difficult to do so after we had that big sell-off. Things suddenly started looking really bearish and I was ready to go short.
But, the whales usually get their way, so I've gone long for the moment. Because every time I notice whale accumulation against the trend they go and reverse the trend.
If we are doing this, then $37,350 and $38,300 for the next targets.
A kind of curved little bullish wave on the 3-min, some higher lows, a large 1-min bullish hammer where price accumulated, now trying to break upward.
Seems like it will be difficult to do so after we had that big sell-off. Things suddenly started looking really bearish and I was ready to go short.
But, the whales usually get their way, so I've gone long for the moment. Because every time I notice whale accumulation against the trend they go and reverse the trend.
If we are doing this, then $37,350 and $38,300 for the next targets.
Order cancelled
ABORT! ABORT! Absolutely brutal. Price just got INSANELY rejected.
Exited before stop loss even hit and went short.
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