Last Excuse?

26 thg 8, 2020My alarm did go off and so, it seems many people's but theirs went buzzing at 11 200. I did expect a bigger move - to 11 000 as it would most probably cause a good bounce. But the stalling where it did can only be explained by 1) a parallel channel with new extremities (green support and red resistance) or less likely - the purple support of a falling pattern (wedge?). As things stand now we need to see 11 460 and if so hope for 11 950 to get some confidence back. Difficult to see anything else for BTC to use as a way to paint a story.

26 thg 8, 2020

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Conclusion: 11 460 is a minor but then we will have to see how we move to 11 950

26 thg 8, 2020

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If we do not make 11 460 - a good bounce thinking about recent supports could be it

26 thg 8, 2020

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Trade safe and remember to leave a like or follow. Talk to me in the comments please. I am still at a reputation of 6 and need to get to 10 for the platform.

27 thg 8, 2020

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11 000 looks more likely than 11 900 at the moment

27 thg 8, 2020

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We will soon find out

27 thg 8, 2020

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If bears can get us down to 11 300 inside this 30 min candle they could build on momentum

27 thg 8, 2020

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Another attempt. Bears let the first one slip away. Will write another forecast soon.

30 thg 8, 2020

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My next contribution