This isn't an eminent breakout signal, but rather one for good position, which is more often than not considerably more profitable.
Phew.. That was enough writing for a week.
Entry: $0.4250
Target: tba or forced from my bosom with cash.
Trade active
UPDATE ON ALL OF MY LONG SIGNALS. AT THE TIME OF POSTING, IT APPEARED THAT THE BITCOIN DUMP SIGNAL POSTED ON MONDAY MIGHT HAVE BEEN WRONG. LOOKING AT THE CURRENT BTC POSITION, IT SEEMS LIKE I CAN'T GET AWAY FROM ONE STICKY TRUTH, THAT I'M NOT WRONG, JUST EARLY. IF YOU'RE IN A LONG TRADE BASED ON MY CALL, PLEASE SET A STOP LOSS CLOSE TO OR ABOVE YOUR ENTRY. ALTERNATIVELY, KILL IT UNTIL FURTHER NOTICE.
It's likely that not all coins will drop in response to BTC since many have just completed their own corrections. There's a chance that some may not have completed the pattern and in the same way BIGTOE put the hurt on many of you that didn't listen to what the Method guidelines say, it plummeted without warning to form the massive last candle in the run, completing the cycle.
This is likely to happen on some coins again today.
You'll see this same update on all my LONG posts, so, apologies for the annoyance.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.