Price in my reload zone
I don't do TA! My analysis is based on research of where i believe high probability areas of supply and demand which are based on where i see order flow, cost of mining, and what i believe are probable future events. Don't trade based on my Ideas! Do your own research! Don't go all in you will get rekt!
I am setting up a low leverage long play inside the green box i will have stop below my zone. My broker prices differ from this bitfinex chart but it works good enough.
I wrote yesterday how i believe we would test this demand zone and here we are in the low 6900. I do believe now we are very close to the reversal but not quite. We most likely need to test around low 6800 high 6700 area before this is done. my first entry on my ladder filled around 69ish my TP will be set in the high 12k near my orange line my TF to hold is the blue box late Mar to mid Apr where i believe will be the best shorting op. in the meantime if this move goes in my favor i may look to add
I am setting up a low leverage long play inside the green box i will have stop below my zone. My broker prices differ from this bitfinex chart but it works good enough.
I wrote yesterday how i believe we would test this demand zone and here we are in the low 6900. I do believe now we are very close to the reversal but not quite. We most likely need to test around low 6800 high 6700 area before this is done. my first entry on my ladder filled around 69ish my TP will be set in the high 12k near my orange line my TF to hold is the blue box late Mar to mid Apr where i believe will be the best shorting op. in the meantime if this move goes in my favor i may look to add
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