BTCilyKandinsky

Continuation or naw?

COINBASE:BTCUSD   Bitcoin
Was that a liquidity pull for further upside or naw? Technically we are still in a channel. The move to the downside was about 20% which was the same as the fractal that I'm currently looking at from the rise from $3.2 to $13.8k. I'm neutral. I'll play some ranging scalps if we retest the highs.
Comment:
Still on track.
Comment:
Channel structure has been broken. Expecting a test of 7.2-6.9k.
Comment:
Back in the channel. Resistance zone 9.4-9.8k. Break that I think we see 10.5k.
Comment:
Target reached. I got stopped out on a position as I didn't expect it to retrace that deep, but I reentered and exited most of my position in the green zone and holding a runner.
Trade closed: target reached

BTCily Wassilyevich Kandinsky (16 December [O.S. 4 December] 1866 – 13 December 1944) was a Russian painter and (ch)art theorist.
Kandinsky is generally credited as the pioneer of abstract (ch)art.
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