In few weeks, there is no such big fuds incoming. So before the fresh new bull trend, one last fall incoming according to elliot waves theory in bigger picture.
I drew few strong trend lines that was going efficiently since july of 2017 and january of 2018. Plus 1 pitchfork tool.
Target 1: 7500
Target 2: 6200
Target 3: 5400
It can take around 5-14 days. Stop lose at 9900 Because its break of huge trend line from january of 2018.
I will buy laddered stage. 7500 -> 30%, 6200 ->30% 5400 ->40%
GL
I drew few strong trend lines that was going efficiently since july of 2017 and january of 2018. Plus 1 pitchfork tool.
Target 1: 7500
Target 2: 6200
Target 3: 5400
It can take around 5-14 days. Stop lose at 9900 Because its break of huge trend line from january of 2018.
I will buy laddered stage. 7500 -> 30%, 6200 ->30% 5400 ->40%
GL
Note
When shorting BTC, be careful. Always remember that crypto market can recover faster than you think,
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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.
Disclaimer
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.