- We have finished wave (1)' and (2)'
- Wave (2)' was a ABC correction that retraced to .382 fib. I expect a larger correction for wave (4)'
- This means I will be selling my position at the end of wave (3)'
- We are in wave (3)'
- Wave (3)' has 5 subwaves. The targets for wave (3)' and its subwaves are labelled by the green boxes.
- Entry is red box.
- Once we hit wave (3)' target (assuming if we do). We can start to look for wave (4)' target for rebuys by that time.
Time of high volatility, take care.
- Wave (2)' was a ABC correction that retraced to .382 fib. I expect a larger correction for wave (4)'
- This means I will be selling my position at the end of wave (3)'
- We are in wave (3)'
- Wave (3)' has 5 subwaves. The targets for wave (3)' and its subwaves are labelled by the green boxes.
- Entry is red box.
- Once we hit wave (3)' target (assuming if we do). We can start to look for wave (4)' target for rebuys by that time.
Time of high volatility, take care.
Trade active
ABCDE triangle correction forming.
I am in at the moment.
If the triangle breaks down and we go to the initial red box (fib level). I will buy more to lower base price.
Trade active
Note
Trade active
Note
wave recount.
Previous targets still valid.
Trade active
***THIS IS AN IMPORTANT UPDATE***
I was wrong about wave (3)' target.
Abandon the old (3)' target, go straight to wave (5)' target.
I did not successfully short wave (4)' .
I will post a trading journal later this week specifically analyzing this trade. Focusing on what I did correctly/incorrectly.
Note
we might still hit .618 buy zone. I am heading out, will not be updating anytime soon.Note
Before i leave. Please set tight stoploss as the price goes up. If it goes to 1.6, you can set stoploss at 1.58
If it goes to 1.7, you can set stoploss at 1.68
etc etc.
Bitcoin is STILL NOT IN THE CLEAR! Though currently bullish.
Be safe. Don't be sorry.
Trade closed manually
close positionsNote
We are going down. Open short positions/buy level $.90
Note
I will post an update soonTrade active
steemit.com/cryptocurrency/@alex-liu/xrp-analysis-short-to-usd-90-usd-50I made my first video! Mic is crap, sorry about that, will be fixed soon!
Note
take care
Trade active
People still holding xrp, take care.
Same for btc.
I am holding short positions/usdt only.
Note
This is a low time frame chart.
We are having lower highs & lower lows.
I am bearish.
Note
Note
Lower time frame. How we breakout from this triangle/wedge has strong implication of price movement in the upcoming days.
Note
Heading out, will be back later today.
Note
i expect a drop
Note
For me to keep the record/my own entertainment. You can ignore this update.
These predictions are rarely perfect.
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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.
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.