BTGUSD Coming into the first support/buy zoneBTGUSD
Worth waiting for: now coming into the first suport zone at 274-261. Put anorder in at 263 with stop about 10 points
lower. Or at 270 but think it should spike down to 261 - that entire 13 point zone is full of whipsaw and pin bars, even to
10 points lower, so the stop needs to be at least 249.It should get a bounce to 319-330 area.
And plan B in febrile markets: If 261 gives way this is coming all the way back to the twin dynamics shown on the chart at
least and potentially to 157-150 major support. If this happens it becomes a short again with stops above 274.
Then will have to see how it behaves at the parallels, may bounce and then fail. Excellent, it means a retest of the lows,
easier to hit it at 157-150, if we happen to see it. Remember anything can can happen. It's way wilder than the wildest the
West ever was. We just hit buttons instead of triggers. And way faster too! Say that one quickly.