Btc to drop to 13k now or slow bleed to 11k Which is a historical 85% drop from ATHs by end of Jan
Either drop to 13k now or slow bleed to 11k which is an 85% drop from ath by end of Jan
Broke short 4hr trendline , will retest long daily trendline at 1.06
PRICE CLOSES ABOVE PARABOLA, EXPECT THE NEXT MOVE TO 70K ! , IF IT CLOSES BELOW, BAD NEWS.
beautiful r/r reward. long.
after my 2 posts on the weekly hammer trade, this week is sky rocketing with the spx making an ATH. HOLD THIS TRADE UNTIL I SAY CLOSE
ALL THESE WEEKLY HAMMERS WAS A WIN, ANOTHER OPPURTUNITY THIS WEEK. BUY AND PUT STOP LOSS BELOW WEEKLY HAMMER WICK , RIDE IT UP, PERSONALLY I WILL BE HOLDING THIS TRADE FOR A MONTH OR SO, DUE TO STIMULUS PACKAGES I THINK THE SPX IS GOING TO SKY ROCKET AGAIN.
PLACE LONG, PUT STOP LOSS BELOW WICK OF PREVIOUS WEEKS HAMMER. WE ARE AT APPROXIMATELY 50% RETRACEMENT OF THE HAMMER SO IT IS A GOOD PLACE TO BUY. LOOKING AT HISTORICAL DATA, WHENEVER THE S&P 500 BLESSES US WITH A BULLISH WEEKLY HAMMER, IT TENDS TO NEVER GO BELOW THE WICK AND GO UP FROM THERE. NO TECHNICAL ANALYSIS NEEDED ON THIS ONE.
SHORT IT MOFO'S