Here is my trading plan for the next few days on the 4hr. Yes, it is no masterpiece but it will do the job.
- Based on historical trend rather than TA, this trend has been 90% perfect for the last few days. I've mapped out the remainder in White and included the MA lines and RSI + MACD for my navigation. Purple circles are possible trade points. - My 9k target was hit today but It went 60USD closer than prediction + retracements are not as large - This for me points to good bullish base possible leading to higher short and longterm outcomes. - LTC, WRX and BTC worked well but I tested out BTCBULL on one of the popular exchanges which I will use again.
1. Monday should see 9k break ($9,140 target but hard to identify on this timeframe but the 50 EMA is here on the daily) 2. Late-Tuesday we should hit the resistance line and be rejected - another red weekend :( but 8.8k should be a safe median
Yes, I can't see the future but if you don't believe in bulls and bears you might be able to thrive in it ;)