Now started moving, let's see if we can have enough bear strenght to go down to our targets.
Bounce shouldn't go much higher.
2630 tops in my opinion. Anything above that would put in danger the move down.
50% retracement of this wave down from 2790 to 2290.
38.2% retracement of the correction since the last week low at 2120 to the last high at 2790
50% retracement of the move down from 2975 down 2120
We also have 200 4h SMA resistance and horizontal resistance.
We'll see what happens here.
key moments again for btcusd
Target 2 incoming :P
Potentially bouncing here to retest broken trendline. That would provide us a safe place to add/open shorts.
20.5% net profit before leverage, crazy profites after leverage :D
hope you guys enjoyedit.
Now time for a small bounce before next short.
"We are all at a wonderful ball where the champagne sparkles in every glass and soft laughter falls upon the summer air. We know, by the rules, that at some moment the Black Horsemen will come shattering through the great terrace doors, wreaking vengeance and Scattering the survivors Those who leave early are saved, but the ball is so splendid no-one wants to leave while there is still time, so that everyone keeps asking, "But what time is it?" But none of The clocks have any hands "
A true tale of terror