Before we go big, we must drop and it won't be the last time we drop, but it may be the last time we hit $300 and below.
Ichi shows resistance at current location and we have some large ask walls up till at least the $500 range which are holding us down. Combined, they work very well together and this little rally will go through a correction with a drop as people fall into despair and disbelief.
But, they can go long till Jul-28th and have 10x increase in BTC or they can wait, buy at $258 and have an even better increase by the end of the rally on Jul-28th. Either way, we're good long term, so long as your margins don't get called on your leveraged accounts with the incoming swings.
Still waiting on my shorts to be filled for about a month now.. patiently waiting. Buy orders are already in place and may be adjusted depending on how low we go and how quickly we get there.
Remember my 2014 and 2015 bull targets...
Ichi shows resistance at current location and we have some large ask walls up till at least the $500 range which are holding us down. Combined, they work very well together and this little rally will go through a correction with a drop as people fall into despair and disbelief.
But, they can go long till Jul-28th and have 10x increase in BTC or they can wait, buy at $258 and have an even better increase by the end of the rally on Jul-28th. Either way, we're good long term, so long as your margins don't get called on your leveraged accounts with the incoming swings.
Still waiting on my shorts to be filled for about a month now.. patiently waiting. Buy orders are already in place and may be adjusted depending on how low we go and how quickly we get there.
Remember my 2014 and 2015 bull targets...
