Why $9,500 Will Break And Moon Very Soon

Explanation is on the chart. Enjoy the show.
Please like the post if you liked it.

FIX: On 8200 major support tested and bounced hard, I meant the 9200 level!

Kommentar:

Open interest going up to 1B is BULLISH! Open interest should go up with price.
The myth that 1B open interest causes the price to crash is dumb. People are talking about sample points only from this recent downtrend.

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UPDATED TARGETS:
9.5K
10K
10.5K
11K
11.5K
12K

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This is bear's last stand. They will scare you and break you down until you close your long - and then the pump will happen. IT'S NOT OVER. DUMPS ARE A SHAKEOUT. DON'T BE SHAKEN OUT.

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STACK ORDERS AT 9501
THIS IS NOT OVER YET

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Moon in 1 hour and 13 minutes after Coinbase reopens.

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PLEASE BE CAREFUL
THIS WAS NOT PART OF OUR PLAN
WE NEED COINBASE TO GO BACK UP BEFORE MOON

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Unbelievable. What a shit show this market can be sometimes.

Trade geschlossen: Ziel wurde erreicht:

What was supposed to happen:
- Exciting break of $9,500 with huge rise afterwards
What happened:
- Price wicked 5% down and then back up.
- Coinbase closed.
- slowly climbed towards $9,500, wicked it, and currently just consolidating below it.
Still bullish, but very disappointed by the $9,500 wick instead of a straight moon up like it was supposed to happen.
Still holding long with stop loss not too far.
It will probably moon after Coinbase opens.

Kommentar:

Sorry didn't mean to select trade closed, trade is now open.

Kommentar:

Coinbase is back up, and we are now against the sell wall at 9.5K.
Price is pushing up.
Market orders on Coinbase will be up soon, maybe this will give it the last push for the break.
After 9.5K is when we should see more upside.

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Still many sell walls. Don't get too euphoric yet.
Though we are passing them slowly but surely!
Let's get to this rocket and take off!

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Moon it.

Kommentar:

Bitfinex walls gotten too strong and bulls gave up. My long stopped out at breakeven. Currently no critical support is broken and we are back to consolidating above 9200. In uptrends we buy support, so buy.