Hi guys,
After our +100% profit ride i took profit at 360 (0.018 to 0.036
US). Im starting to see pretty much bearish indicators building up. Im looking to re-enter at 220 or around (daily MA100). We see a daily MACD bearish crossover starting to form. On shorter time frame I see bearish ABC forming up. Im going low on details and explanation here but i give you a link for explanation.
Seems that after the impulsive 1-5 we are going toward an ABC 3-3-5 flat correction. (see 5.2.1 : elliottwave-forecast.com/elliott-wave-theory/
If elliot wave theory interest you i suggest you to read about the ABC correction to understand this post.
After our +100% profit ride i took profit at 360 (0.018 to 0.036
US). Im starting to see pretty much bearish indicators building up. Im looking to re-enter at 220 or around (daily MA100). We see a daily MACD bearish crossover starting to form. On shorter time frame I see bearish ABC forming up. Im going low on details and explanation here but i give you a link for explanation.Seems that after the impulsive 1-5 we are going toward an ABC 3-3-5 flat correction. (see 5.2.1 : elliottwave-forecast.com/elliott-wave-theory/
If elliot wave theory interest you i suggest you to read about the ABC correction to understand this post.
Trade active
so you can follow. I expected a little push up, now done. I might start to count the wave later to have better accuracy. 2 supports labeled.Trade active
as planned. I will wat few more days before re-entering.sold at 360 to BTC and sold BTC at 10.1k. Im looking for a +50% to 100% stack in BTS after our +100% run in USD value
Note
If the plan is working and we cstche this near 230 sats. We gonna have made 100%in USD and double our BTS stacks in a monthTrade closed: target reached
first target reached. wait for the next.Trade closed: target reached
buy order starting to get filled. closing the post. went from 85k of bts to 125k
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Related publications
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.