djmorsey37

NVT showing a clear direction here

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BITFINEX:BTCUSD   Bitcoin
Expecting a tap of 103 NVT before any serious relief in this drop if any , lose 103 and we'll see much lower prices for #BTC here is what I'm expecting, a small rally back to 568XX = to 133.9 NVT scalp, then quick drop to 423xx=to 103 NVT Short, lose this key level and #BTC no longer in a bull market, i"m expecting this level to be Bottom of wave 4 before Longing the crap out of it to 256K or we lose this level and plummet to the bottom of the NVT channel 25-28 k or break the channel to base and drop as low as 11k . as we haven't seen a base NVT level (a green tap) for a long period of time over 5 years, depends on how quickly the world recovers from the pandemic. i am net short taking long scalps at areas of support, setting stops upward after taking scalp entries, good luck

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