Cryptocurrencies
prices been on upwards channeling for a
while now.
price's refreshing itself for the next move,
pullbacks are becoming longer in
duration, highs are lessening,
polarity is changing and important
internal structure shows buyers are
lacking so their only novice participants up
here not pros from the bull side.
lets see how price behaves over coming
week/s or so, still looking for clues along
the way!! nothing is ever certain.... only
then once confirmation PA shows itself.
Would be nice see how price reacts or
reaches around 40K psych level? if it
gets there!? w1: Analysis showed good
clear out with long legged indecision red
bar w1 and daily chart clearest structure
atm. I see no point to picking tops and
bottoms but this has hallmarks a nice move
which could rattle some fund managers
accounts.
Neutral to Short: only if I see right price
action higher up .
while now.
price's refreshing itself for the next move,
pullbacks are becoming longer in
duration, highs are lessening,
polarity is changing and important
internal structure shows buyers are
lacking so their only novice participants up
here not pros from the bull side.
lets see how price behaves over coming
week/s or so, still looking for clues along
the way!! nothing is ever certain.... only
then once confirmation PA shows itself.
Would be nice see how price reacts or
reaches around 40K psych level? if it
gets there!? w1: Analysis showed good
clear out with long legged indecision red
bar w1 and daily chart clearest structure
atm. I see no point to picking tops and
bottoms but this has hallmarks a nice move
which could rattle some fund managers
accounts.
Neutral to Short: only if I see right price
action higher up .
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