Gorgias-The-Sophist

Gorgias-The-Sophist Updated 

After the local top at ~14k the sequential perfectly pegged the failed rally to a lower high of ~10k in February. A drive of 9 was completed, closing below TSDT Resistance, but momentum carried the price action through to directly test the TSDT Resistance - which held, and precipated a move low that actually closed below the TDSD Line generated by the Nov 2018...

Gorgias-The-Sophist

The buying climax that pushed us to recent local tops in the last month produced a TD9 Sell Setup which has now lead to a completion on the TD Countdown 13. Plausible location for a market inflection point in the next few candles.

Gorgias-The-Sophist Updated 

Since the completed TD Buy Setup there have been three completed TD Sell Setups with failure to close above TDST Resistance at approximately $9,000. After the most recent TD Sell Setup PA has consolidated just below the resistance, but with significantly waning volume. With appropriate risk management based around the TDST Resistance Line, this is a high risk to...