1. About BB Middle Band
Last time (September 2014) when 1M candle closed under Middle Band the price dropped by 58% over few months. So this level is very important and you should observe it very carefully.
2. The lowest gap in BTC Futures reaches 6380$ and in my opinion we'll bounce from this level (possibly a little lower) and our next step will be lower border of 1D Ichimoku Cloud which is 7000$ level at this moment.
Sorry for my bad English ;)
Last time (September 2014) when 1M candle closed under Middle Band the price dropped by 58% over few months. So this level is very important and you should observe it very carefully.
2. The lowest gap in BTC Futures reaches 6380$ and in my opinion we'll bounce from this level (possibly a little lower) and our next step will be lower border of 1D Ichimoku Cloud which is 7000$ level at this moment.
Sorry for my bad English ;)
Comment:
The lowest Gap was closed so in my opinion we will go up now.
Unfortunately price reached 6424.6$ on Bitfinex and 6394$ on Bitmex so my TP wasn't reached and I had to close my short a little higher.
Now I'm in long position but I believe that we could have a quick drop to 6366-6400 level so I will averaged my position if this drop will appear.
Half of my scenario is a success :)
Let's see what will happen next
The lowest Gap was closed so in my opinion we will go up now.
Unfortunately price reached 6424.6$ on Bitfinex and 6394$ on Bitmex so my TP wasn't reached and I had to close my short a little higher.
Now I'm in long position but I believe that we could have a quick drop to 6366-6400 level so I will averaged my position if this drop will appear.
Half of my scenario is a success :)
Let's see what will happen next
Order cancelled
As you can see we closed lower gap but I'm still waiting to fill the lowest gap and after that I will close my short and open long position.