The moon cycles frequently have a pump or dump around the last few days of the moon cycle, +/- 3 days.
Main components of the chart:
1. We are in current channel $18,200 top to $16,000 bottom
2. Currently long looking for a good time to take short. Ideally within 1-2% of $18,150
3. Stop loss would be above $18,200 as a break above range would indicate the bottom may be in for BTC for a while, at least until after this moon cycle ends
4. Looking for bears to drop price before some kind of small pump at end of current moon cycle
Main components of the chart:
1. We are in current channel $18,200 top to $16,000 bottom
2. Currently long looking for a good time to take short. Ideally within 1-2% of $18,150
3. Stop loss would be above $18,200 as a break above range would indicate the bottom may be in for BTC for a while, at least until after this moon cycle ends
4. Looking for bears to drop price before some kind of small pump at end of current moon cycle