Been posting this in the updates of my previous idea, a reliable channel for the last couple weeks.
Perfect touch of the 0.382 fib and rejected down. Couldnt get a candle close outside of channel, shorts were entered with sl now in profit.
Mid range of channel should look for a bounce, if not there then the 0.236 and if not there the bottom of the channel.
I am however in time, expecting this to break to the downside.
Shorts will be closed near the region of the bottom of wedge posted previously at which point i will omega giga long.
Perfect touch of the 0.382 fib and rejected down. Couldnt get a candle close outside of channel, shorts were entered with sl now in profit.
Mid range of channel should look for a bounce, if not there then the 0.236 and if not there the bottom of the channel.
I am however in time, expecting this to break to the downside.
Shorts will be closed near the region of the bottom of wedge posted previously at which point i will omega giga long.
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bounced on the 0.236, res at mid range now
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Bounce on.236, mid range rejection. On lower channel support. IF it holds, up to .236 and hammertime
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Straight through. Could come back for the retest at 17k
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Weakness has shown itself. Eyes on previous chart indicating bitcoin wedge bottom.
Holding short still, till those levels, will continue to update
Holding short still, till those levels, will continue to update
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Could now be looking for the retest
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Comment:
Right, its come to retest the fib perfectly.