Hey all, I am back with another new idea. In this idea expecting bitcoin could start pumping from Easter as a gift. However failing here could lead us to some dramatic dip.
Trade set up : BUY < 6880 Target > 7600 (on Short term) stop loss < 6630
Best, Budha
Comment
⋅
we hit 6900 twice after this post and is still looking good but will be week until we gain momentum
Comment
⋅
we hit 7k and its just 200$ pump so far...we shall wait here and watch
Comment
⋅
we hit 7100 and I still want to wait
Comment
⋅
4hours looking like pumping huge squeezing the shorters
Comment
⋅
we hit 7200s and retracing on 30min candle which is a great sign to not panic and ride the pump
Comment
⋅
we had some retrace on 4 hour which is a great place to long and ride until next daily retrace
Trade closed manually
⋅
After hitting 7200 price crashed to 6600 so I will come with new trade setup
Hey Tradingbudha, this drop was a surprise for sure, a little more powerful than I thought. are you expecting it to continue down or tack up to the 7800-8400 folks are sharing? I've being layout out harmonic patterns(still learning) and couldn't see this move down. lucky I knew to stay out as I got lost in the speed of it and couldn't predict an end point. Appreciate everything you've been sharing.
UnknownUnicorn6209745
⋅
@Zoethedog1975, Hi friend I wasn't online during the crash I would have updated if I was online, and I just woke up to see the price I need some time to analyze what happened......unfortunately I lost my authenticators to all my exchanges so it might take some time
transparent-fx
⋅
I broke it down as well, here is my markup
UnknownUnicorn6209745
⋅
@transparent-fx, Excellent analysis and my respect for it, I completely align with your views when we hit under 6600s as I assume staying above 6800 can lead to mini rally