Hoping to scalp a short of 1BTC @649 as per ichi cloud with target of ~$614.34.
1BTC short @ 686 with target of ~$595-$601 which is where long term fib fans converge.
1 BTC set to go long @ $625 with target of $670
Closed previous short ($710 - ) a tad bit higher than previous forecasted $628 @ $634 - New target is to open 1BTC short at $698 with a target of $635-$640 If this position gets filled I will set a 30 tick stop loss ($728).
I have 1BTC set to short @ $710 (if it get's filled BFX) with target of $628
The chikou span also provides clear levels of support and resistance, given that it represents prior closing prices. Ichimoku practitioners can thus draw horizontal lines across the points created by the chikou span to see these key levels and utilize them in their analysis and trading decisions
I expect to close 40% of my short (opened ~$900) around the $630 are and 60% between $382-$450/open long term long position. Have large buy orders put in place as a "long shot" investment scattered between $260-$315.
Keeping a close eye on ~60 RSI - has failed to surpass and sustain for a while now. KST is showing a temporary bounce
Updated from RSI has failed to surpass 70 on the 3HR chart since the previous top. Will it follow the same path and repeat a third attempt? If not, I expect ~$1000
RSI has failed to surpass 70 on the 3HR chart since the previous top. Will it follow the same path and repeat a third attempt? EDIT: updated
EXPERIMENT: To see if comparing previous high/lows via bars and percentages can be applied to the future. If this experiment is correct, the low should be $537.88 on February 25.