carltonzone

Uptrend In Tact - Price Targets For Mini Correction

Long
COINBASE:BTCUSD   Bitcoin
Hey guys, I did a thing. I made a new trendy-thingy using the pitchfork, and it looks pretty cool.

I discovered this by mistake. First I made a parallel trading channel for the micro movement as of recent. But then I noticed that there was previous price movement that might be in alignment with the channel. And thennnnn I noticed that there was price movement oscillating around the center of my channel. So I tried the pitchfork thingamabopper... lo and behold, it looked like there was confluence in the price movement.

Like I said before, I'm forgetting about the CME gap thing for a while. Not saying that it won't ever happen, but focusing on that right now is doing nothing but causing me to miss out on some swing trades with my favorites. So that's out the window. I'm over that. I'm accepting this bullish movement, and detaching from my bearish leaning due to the strength of this move. If we continue within the channel, I think we can find price targets for this little correction on the micro scale at the intermediate boundary and the lower boundary. That would be $11,200 and $11,000.

I've got to roll with this, because there is such a huge potential of another major movement to the up side. Until this changes, I'm going to respect the bullish state and scoop up some of my alts before BTC yanks them all back up. Last thing I want to do is sit here waiting on a CME gap and watch the alts pump straight to the moon. I'm not doing that again.

This is NOT a prediction, nor is it financial advice. This is just me calling the action, giving my opinion, and sharing with you what my strategy is. I could win, I could lose. I'm not trying to be the next big prognosticator who thinks he is Nostradamus. We are in this together, and I'm not gonna fake the funk and make a name for myself as the genius predictor of markets. In fact, I would rather here YOUR thoughts about this. Let's discuss the possibilities. I seriously enjoy your insight, and find it super-valuable. Thank you ALL for the excellent insight and opinions that you have been posting on my thread. Let's make this a group discussion with the goal of working together to dig out the clues and benefit from this run.

Whadday think?

Carlton Flowers
The Nostradamus of Non-Predictors,
CryptoPro

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