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코멘트:
I guess the bulls didn't want to waste any time. Skipping the short trade and moving onto the first long trade. Target remains the same:
코멘트:
Date range also remains the same, despite the big green candle.
코멘트:
We've bottomed out. We'll have another jump, not has big as the last one, in about 2 hours.
코멘트:
After the next jump is prime opportunity to take profits and reconfigure your positions for reentry, somewhere along the yellow price tags, when the price bottoms again:
코멘트:
I've started a new Telegram group, if you like the kinds of updates I've provided above, please join the group. I'll keep the comments on my charts to a minimum from this point forward:
t.me/tradewithjpublic
t.me/tradewithjpublic
코멘트:
Here's a favor for my friends on Bitmex trading on inadvisable amounts of leverage (yea you with the bar slid to 100x), watch for a quick dip down to about $6660
코멘트:
We're making the jump to 7500 right now. There will be a correction afterwards.
코멘트:
good luck :)
코멘트:
the arrows might look crazy, straight up, straight down but we're about kick off bull season with some carnage:
코멘트:
we're going to end up right back where we should have been this at around this time... around $6400
코멘트:
If you're not so inclined on risky trades, price manipulation and bart simpson heads aren't going away anytime soon, we'll be riding up this channel until the 10k mark. I'll be posting intrim trades however, if this chart gets > 50 likes.
코멘트:
The bulls have to keep this above 6475 to prevent this HS formation from completing. If they manage to do that as I expect them to, it may be through a show of force aka another big green candle stick. If not, then things get hairy, as we will most likely retest the 6000 support and at that level the direction of the market is anybody's guess. Currently though, with the higher lows being created the bias is towards the upside.
The bulls have to keep this above 6475 to prevent this HS formation from completing. If they manage to do that as I expect them to, it may be through a show of force aka another big green candle stick. If not, then things get hairy, as we will most likely retest the 6000 support and at that level the direction of the market is anybody's guess. Currently though, with the higher lows being created the bias is towards the upside.
코멘트:
big pump commencing...
before:
before:
코멘트:
코멘트:
코멘트:
It diverged away from my pattern at the same point as in the main chart above...
코멘트:
which means bart simpson...
코멘트:
What I expect the final push out of the triangle to look like:
코멘트:
alternative: