-Yurlo
Please give this post a thumbs up if you appreciate the visuals I've been posting for you guys on a daily basis, which in most cases i've been right so if you've listened you would of been making money.
Reasons why I'm long:
#1 We wicked below 10k and wicked right back up to the area we first dropped from.
#2: We've bounced off the 200 DAY Moving Average which for me is an indication that it's likely bulls will start to accumulate this area in order to reach the 100 DAY Moving Average which is located at the 11055 level.
#3: We broke a HISTORICAL RESISTANCE not long ago, and now we're retesting that zone which is VERY AND COMPLETELY HEALTHY for an upcoming bull run continuation.
#4: We we're above 10500 for OVER A MONTH (4 weekly closes in a row above this level, there's now a TON of liquidity above the 11.7k region because of the recent price action. Whales dump the price on retail to confuse them, but also to fill their bags at the proper "buy the dip" level which most retail traders get scared and start to think short when we already dropped 2.5k since the 12500 top.
#5: The world is wanting to fill 9600 CME GAP, will that happen? Probably, but I'm sure with a BTC twist.
#6: Because i said to
Invalidation for this trade:
Below the 200 day moving average.
REMEMBER: This is the 12 hour chart, and things take time to start rolling.
I'm in a swing trade here, and I'll see you at 11055 if I'm correct on my current technical analysis.
I'VE MADE A PLAN AND NOW I TRADE THE PLAN, NO WEAK HANDS HERE.
Best of luck boys, let's make some fucking money shall we?
Please give this post a thumbs up if you appreciate the visuals I've been posting for you guys on a daily basis, which in most cases i've been right so if you've listened you would of been making money.
Reasons why I'm long:
#1 We wicked below 10k and wicked right back up to the area we first dropped from.
#2: We've bounced off the 200 DAY Moving Average which for me is an indication that it's likely bulls will start to accumulate this area in order to reach the 100 DAY Moving Average which is located at the 11055 level.
#3: We broke a HISTORICAL RESISTANCE not long ago, and now we're retesting that zone which is VERY AND COMPLETELY HEALTHY for an upcoming bull run continuation.
#4: We we're above 10500 for OVER A MONTH (4 weekly closes in a row above this level, there's now a TON of liquidity above the 11.7k region because of the recent price action. Whales dump the price on retail to confuse them, but also to fill their bags at the proper "buy the dip" level which most retail traders get scared and start to think short when we already dropped 2.5k since the 12500 top.
#5: The world is wanting to fill 9600 CME GAP, will that happen? Probably, but I'm sure with a BTC twist.
#6: Because i said to
Invalidation for this trade:
Below the 200 day moving average.
REMEMBER: This is the 12 hour chart, and things take time to start rolling.
I'm in a swing trade here, and I'll see you at 11055 if I'm correct on my current technical analysis.
I'VE MADE A PLAN AND NOW I TRADE THE PLAN, NO WEAK HANDS HERE.
Best of luck boys, let's make some fucking money shall we?
Trade active:
Not looking to short until at least 10900.
Not looking to short until at least 10900.
Trade active:
Imagine 11300
;)
Imagine.......
Dreams do come true.....
Imagine 11300
;)
Imagine.......
Dreams do come true.....
Trade active:
Bulls look to be gaining some momentum here.
Bulls look to be gaining some momentum here.