Multiple Hot Zone rejected beautifully with above average Volume shooting star. Weekly Target - weekly S4 (~44k) and/or bellow for this week. Monthly Target 1 - monthly S3 (~37.8k) and/or bellow. Monthly Target 2 - monthly S4 (~34.2k) and/or bellow. for longer term: Any pullbacks to: daily R3's or R4's or weekly S2 (~46.0k) or S1 (~46.5k) levels great add to...
BITSTAMP:BTCUSD BTC yesterday filled Virgin VPOC ( Term from Secrets Of A Pivot Boss by F.O.Ochoa ) Now BTC will continue down to 18-20k that everyone is speaking. What a brilliant penny to penny touch! A book is a MUST read for any market traders.
Camarilla 3rd level monthly trend analysis (long term) May vs June R3 under S3 (Most Bearish relationship) Monthly close under S3 might spark drop to S4 - 21K where could find strong support from 2 months S6 and June S4 (multiple levels - Power Of Confluence) July Developing 3rd level (dotted lines) creating same S3 level @29.2K Bears will really need to...