Post
Topic
Board Speculation
Re: [Charts] Just another analyst - Profits Taken
by
dragonvslinux
on 26/11/2020, 08:58:24 UTC
Stop loss now moved up to just under $18K. I'm very much still under the impression that if price breaks below the MA ribbon on the 4hr, price will fall considerably lower.

I always like a clean exit on trading positions  Cool Price is moving faster than expected, therefore now eyeing up the $15.5-16K levels (-18-20%) as support, now price is capitulating. This is the current localish VPVR point of control, 200 MA on the 4hr, as well as 0.619 fib retracement from the $10K break-out to $19.5K high.



It's time to start buying the dip again, but without trying to catch the falling knife at $18K or $17K...