BTC's Time to Go up? C-Clamp on the 1D chart

15 ต.ค. 2019

BTC has been randing between 7800 and 8500 for quite some time since the drop in late September.

We see that we had a tweezer bottom and bounced back, but came back to support at 8130. Now it has had a weak bounce but we are seeing a C-Clamp formation and the Kijun Flattening out.

Kijun is a magnet to price and so because of this and how far we are on the daily from the Kijun we will see it act as a magnet and pull the price action up.

I am targeting:

8750 and 9100 as my TP I will leave 20% just in case we go all the way and tap the kijun which is sitting around 9330.

My stop I will start at and use Evolving R around 7860.


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Coach K

16 ต.ค. 2019

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We had a nice Dip but the support at 8130 held still in play.

I will let the trade run until it stops out as i do not think we will break that 7860 range before heading to the targets. I am actively watching this trade though.

21 ต.ค. 2019

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Stayed in the range and i think we are going to push up towards 8800 or so again to re-test it!