This is my recent interpretation(dates and path) of the situation to navigate my self.
Insight may change depending on movement.
If the market holds up and doesn't give a f CK at 29-30th of Dec it can reach purple dashed line,
If no crack at 29-30th then we could see flat channel or triangle till middle-end of January.
Diving into 28500-31500 zone i consider it very likely and if we go to 51000 after that, i will start prepare for big short.
Dates and path are very arbitrary.
Insight may change depending on movement.
If the market holds up and doesn't give a f CK at 29-30th of Dec it can reach purple dashed line,
If no crack at 29-30th then we could see flat channel or triangle till middle-end of January.
Diving into 28500-31500 zone i consider it very likely and if we go to 51000 after that, i will start prepare for big short.
Dates and path are very arbitrary.
Comment:
29 Dec Today. Like i had expected, bears domination
Comment:
We had reached exactly 45800 how i expected,
Now we are in backmove to 44400 approx,
At this area i will do my short to 30K if i see the signal, so as i was late to short from 45800.
If price will fix(two-four days) above 44400 then i do revision of my insight.
Now we are in backmove to 44400 approx,
At this area i will do my short to 30K if i see the signal, so as i was late to short from 45800.
If price will fix(two-four days) above 44400 then i do revision of my insight.
Comment:
Still no see a short signal.
We have gained a foothold above 44400, that means instrument is stronger that i thought.
Now we need to see where alleged SEC correction will be finished, as for me it's just a trigger of short-term inflation, that may work differentl, just like it was, long and shorts were liquidated just like manipulator planned, but globally trend is the friend.
Breaking 39124$ support will mean a continuation of my insight.
Otherwise, if we go upper, i will change me shoes, which is normal for trading and do a new insight
We have gained a foothold above 44400, that means instrument is stronger that i thought.
Now we need to see where alleged SEC correction will be finished, as for me it's just a trigger of short-term inflation, that may work differentl, just like it was, long and shorts were liquidated just like manipulator planned, but globally trend is the friend.
Breaking 39124$ support will mean a continuation of my insight.
Otherwise, if we go upper, i will change me shoes, which is normal for trading and do a new insight
Comment:
We could see a back move to 44500-46000, but 39124$ is highly possible after that
Comment:
Closing 19Th Jan candle below 43200 will send us to original target of that insight 28500-31500
Despite that my targets to open for short are 44500-45500-46000
Despite that my targets to open for short are 44500-45500-46000
Comment:
Tomorrow is 19Th Jan, closing below 43200 - Short!
Comment:
26th of Jan i am expecting rebound from 41000 resistance till 36000
Comment:
30k or 51k firstly it is the most interesting now
