Bitcoin still heading for my target around 7k usd.

First of all sorry for the chaotic chart! This post should be seen in relationship with the bigger picture I drawed earlier in my TA below.

評論:

I'm still really bearish and aiming for the 6.5 -7.5k range. It looks like a bearish pennant. You can find it at #patterns-continuation nr.1! For know that's my main idea. I become bullish again when we're going above the 9.5k usd. So my advise here.

My main trade is shorting the market. Stop-loss at 9.5k usd. But also an stop-limit order at 9.5k usd, this means if the price hits the 9.500 usd it automatically open a long position!

評論:

I expect a small pull back till 9.400 usd. That's the range I'm going to buy in.

Stop-loss at 9.050 usd.

評論:

I'm not going to buy- in yet. Missed the big picture in my wave counting. This looks just like an abc-corrective wave!