myceliium

Thoughts on Current BTC Moves...

myceliium Uppdaterad   
BITMEX:XBTUSD.P   Bitcoin
Wrote most of my thoughts on the chart in a rush. Lets see how this pans out.
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s3.amazonaws.com/tra...shots/i/iqUlXkjX.png

Here comes the channel test. BTC should meet resistance here but if it breaks, onwards and upwards
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s3.amazonaws.com/tra...shots/b/Bp8s9RQX.png

I realize i forgot to add a target for bounce failure so here it is.
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Not enough bounce to break through to target
Not enough panic to fall to max pain
Perhaps BTC might just sideways for a while...
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Looks like Bounce was just delayed and Target is still in sight
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s3.amazonaws.com/tra...shots/s/skENdfDw.png

Target may not be hit because of delayed bounce. Just need to dial up the FOMO meter a notch...
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s3.amazonaws.com/tra...shots/3/30RFxjC1.png

BRB, turning the FOMO meter up to 11...
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Target Hit. Not exactly where I place it but hit nonetheless. Maybe next time ill draw a bigger target.... =]

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