Is it time for the supply/demand curve to shift? a well established cup & handle on all time frames lead to a projected 11,500-12,500 target. rarely are there straight moves to a given target... DONT fight the 4H on BTC...EVER
looks short term toppy...selling 2/3 of position look for re-entry after new Set up
Sold my BTC for a swing top to be in place. Looks like a bull trap to me. Expecting lower prices to re-enter a long trade
We have a potential Head & Shoulder bottoming formation building upon significant support levels. We are backing up the truck long Bitcoin looking for a break of 7600 which would project a target of 8050-8150
Things are getting very oversold and I have been loading up on the latest push downward. Looking for a short term reversion trade in BTC here to 7850-7950 then 8200-8300 range
Added to my position at 10,820 looking for a move to fulfill the original 11,400 target and ultimately to 12,000 on the fib projections