cycle on the 15min, but also on daily

2021년 11월 8일

I do expect a move up to 70k, but I need a break of 67k on SOS to consider it .
Unless it goes back under 58k on mad supply, What I could expect next is a retracement back of the daily-weekly actual accumulation.

So as I stated, retracement testing back the last support of the accumulation cycle is what I expect next before it would break upward, since demand have been calming down for now. Which would be even better since it could give better entries on a nice dip forming on light supply, giving a great stop loss.

Considering the heavy demand that has emerged, a retracement to 65.7k as first area to consider & and light supply showing there would be a good place to initiate positions. for a nice scalp long to 66k . { But what I could suspect is another move to 66k, then a real retracement back to 63k-64k, which a break under 65k-65.2k would be a sign of what it is doing, has to be monitored..} WHICH IS ALSO WHY STAYING CAREFUL AND MONITORING ANY LONG CURRENT POSITIONS, remains extremely important right now.



From where I could at least expect another touch of 66k next before it could retrace lower;
Re-accumulation on the 15 minutes


Will be updated as it moves.

Daily


Weekly


Monthly

2021년 11월 9일

노트

posted the update in the comments by accident.

2021년 11월 9일

노트

67k on light supply could give another nice buy entry

2021년 11월 9일

노트

A break upside 68.5k on SOS would be a good sign that we are moving to higher level

2021년 11월 10일

거래청산: 타겟 닿음

2021년 11월 10일

노트

But what I could suspect is another move to 66k, then a real retracement back to 63k-64k, which a break under 65k-65.2k would be a sign of what it is doing, has to be monitored

both of the move predicted, new idea gonna have to be publish.