I am waiting 37000 level for bearish retest. We are in the 9th red weekly candle, so upward moves are close imo. Before we run up, exchanges will plan to take the long liquidity for move up rapidly. Here is a wykoff scenario for the Bitcoin. So every red candle is buy for me now. (They stop, I buy. They loose, I win.)
After the ATH level, Bitcoin decreased more than $30k without retracement, now in the internal market structure it is in the uptrend. It will be a good chance to retrace at least 51k level to go more down side.
- Axie increased more than %40 last days and It broke the last swing high in 4 hourly chart. - Now it is time to wait for the retracement. I split my money to 5 pieces for this position. - So each arrow indicates one piece from my money. - I will not close my long position untill Bitcoin reach $52000 level. Kind Regards, Fisherman..
- Bitcoin is more likely to continue it's up trend but, hourly market structure is broken. - There is $46200 level which is standing as a yearly open. - So we can see a sharp wick untill that level or more down to take buy stops. - I will not close any long position untill we go upper $52000 level. Kind Regards, Fisherman.
I just talked about the similar movements of Bitcoin charts and explained how I am going to take the trade if we go 49.000 level. I hope Whales are not wathcing us :)
Eps coin has reverse head and shoulders pattern in the bottom of the chart. I think it is time to go up. Volume also increasing. If Btc dont fuck with us, we can go 1.7 superquick.
I JUST WANT TO SEE TOUCH AND GO TO WEEKLY 21EMA. LIKE 2017. YTD.