ElasticRock

ElasticRock

Got some daily support acting as clear resistance now, in and around the 33,800 mark. We all know it's going up but if we can't break above and hold to close that 33,800 zone I'm going to be looking for shorts back down to the weekly 21ema, which would be around 27,000 ish. That would be a nice curl around on the weekly until heading back up for another run, could...

ElasticRock

Let's see if we get a break of this triangle to the downside to around the 30,000 mark and possibly even breaking it, getting a bit more of a healthy reset on the weekly, maybe even dipping back down to test the 21ema

ElasticRock

Guess who closed out too early :/ Had a not so great run recently and just wanted to get a decent winning trade in so closed out completely covering into the first 15m oversold bounce. The previous two times we'd broken to the downside the 15m oversold conditions had been bought right up and we'd gone on to regain the emas and push up to new highs. Should've...

ElasticRock

I have a definite short bias at this point, right back down to the weekly ema 12 around 22,000 - 23,000 would be lovely but lets see. Hopefully a short will setup, maybe the break and retest of that long trendline that it's kept above since 30th Dec and retested on the latest dip.

ElasticRock

lets see how this one plays out...

ElasticRock Updated 

Looking for a move to the downside after break of trendline...

ElasticRock Updated 

Of consolidation, lets see if this one plays out...

ElasticRock

Taken off the break and retest of a long term 4hr upward trend

ElasticRock

Is this the move where we see a significant move to the downside and enter some consolidation on the weekly, maybe even testing the 21 weekly ema? Place your bets folks...

ElasticRock

I didnt take this but I bloody should have...

ElasticRock

To start a bit of a pullback/consolidation on the weekly... Any thoughts?

ElasticRock

Just my thoughts on a future bull run, I personally see price reaching new all time highs in the next 18months - 2years and things are looking very good having broken out of both a weekly and daily downwards trend with convincing price action and volume. I see the weekly pulling back and closing under the 11570 resistance and I'm looking for an entry between 10400...

ElasticRock

That didnt really work out :/ was I missing something obvious?