T- 24hrs for next leg up
Quick look at this since am looking at closing my leverage position in this considering 1950 is the tops from where i guess we may correct to just under a 1000 with shelly hard fork out of the way and the excitement gone.
Corn is one of my concerns with the world markets looking toppy we may dip below 9K which would be a market execute for a short till $8600 .
Hence assuming alt's will be available to pick up cheaper possibly one last time !! ;)
3rd touch of up trend line since 6th of July so assuming we break up out of this down trend since the 13th and break 1445 resistance , After which we have clear skies and above turbulence closer to 1700 sats.
When the big daddy moves everything normally dips so rather take profit and have $$$$ to buy back cheaper , still uber bullish but not in the mood to give back gains.
Expecting a nice rejection from this supply zone( 1737-1950 ) so keep your target in mind since the pull back will be fast and worth buying back ...
Corn is one of my concerns with the world markets looking toppy we may dip below 9K which would be a market execute for a short till $8600 .
Hence assuming alt's will be available to pick up cheaper possibly one last time !! ;)
3rd touch of up trend line since 6th of July so assuming we break up out of this down trend since the 13th and break 1445 resistance , After which we have clear skies and above turbulence closer to 1700 sats.
When the big daddy moves everything normally dips so rather take profit and have $$$$ to buy back cheaper , still uber bullish but not in the mood to give back gains.
Expecting a nice rejection from this supply zone( 1737-1950 ) so keep your target in mind since the pull back will be fast and worth buying back ...
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