BTC's Time to Go up? C-Clamp on the 1D chart

2019年10月15日

BTC has been randing between 7800 and 8500 for quite some time since the drop in late September.

We see that we had a tweezer bottom and bounced back, but came back to support at 8130. Now it has had a weak bounce but we are seeing a C-Clamp formation and the Kijun Flattening out.

Kijun is a magnet to price and so because of this and how far we are on the daily from the Kijun we will see it act as a magnet and pull the price action up.

I am targeting:

8750 and 9100 as my TP I will leave 20% just in case we go all the way and tap the kijun which is sitting around 9330.

My stop I will start at and use Evolving R around 7860.


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Coach K

2019年10月16日

交易進行

We had a nice Dip but the support at 8130 held still in play.

I will let the trade run until it stops out as i do not think we will break that 7860 range before heading to the targets. I am actively watching this trade though.

2019年10月21日

交易進行

Stayed in the range and i think we are going to push up towards 8800 or so again to re-test it!