Closing In On My Target

• As expected, we are closing in to my target at $5,250.
• However, I anticipated an impulse up to $6,800 area in the shape of an ABC of some sort but chances of that happening is not looking so good right now.
• As I review the mid term view again with new information I can clearly see that we're repeating the channel pattern. If we look at the previous two channels, we can see that the price touched the bottom line before breaking.
• Probably looking to touch the bottom line again before breaking out.
• The red lines are buy orders that I've set. I shared these in my private Telegram group yesterday before the dump. So if you want instant updates and signals, please join at www.benkalashnikov.com

Buy Orders:

• I've set buy orders at the red lines in case we repeat the pattern that we will bounce on the bottom trend line.
• If we don't, then I will use my reserve fiat stash and buy in at the red box areas.
• FYI, I'm not saying that we will reach these levels, I'm just planning ahead so I don't panic in case we do. Always have a plan. It will lead to better decisions and reduce FOMO.

Benkalashnikov Fund For Charity

I'm raising money through my charity fund. All profits I make with this fund will be shared to the upvoters and to charity. To claim your share and join for free, please upvote this post and sign up at http://www.benkalashnikov.com

Want to support me?

✅Upvote my blog posts on Steemit:
👉https://www.steemit.com/@benkalashnikov

✅Or, use the same web browser I'm using, called Brave (affiliated with BAT coin):
👉https://brave.com/ben180

🔴 Subscribe to my Youtube channel

Want instant buy recommendations?

🔥 Spreadsheet: https://www.benkalashnikov.com
🔥 Twitter: https://www.twitter.com/benkalashnikov

=====

Disclaimer:
I'm not a financial advisor and these are only my opinions. I don't take any responsibility for any investments that you make based on my analysis.