Fake-out - Expecting drop here at 9,000

업데이트됨

This was the move up/fake-out I expected yesterday. The trend shows that this last push tends to fail.
As it is so close to breaking the downward trend it could succeed but I have moved stops up to close at this top and take profit. Buy back if breakout successful.

Best, Hard Forky

노트

It's probably incorrect to call this a fake-out but I'd be careful in considering this a breakout at this stage :)

노트

exact same buying pattern culminating here as seen on 9th December 2019

노트

I had my sell order at 9,042 and moved it to below at 8980 before the last push up. It hit 9,041 (BN) - one of my better judgement calls ;) Best HF

노트

Short term plays - 8,565 bounce (dead cat), 8,380 bounce

노트

it held :)