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BTCTHB

OrderID BTCTHB-RR1.3-230510 Trading System = Discretionary using FIB and Pitchfork Side = Short/Sell Position = Closed Volume = All Order type = Exit TP = Fib Proj. 0.618, 1, 1.618 Problem & Anomaly = After the volatility peak at the previous highest high. Price has been climbing with exhaustion. Trader Emotion = Neutral Mistake & Error = Non Remark = Using a red downward slope median line to add short positions if the price has reached the 0.618 percent Fibonacci level. Ideas = This is a classic play shorting at the lower high to expect a lower low. Let's see how the price folds out.
Short
by ProDukeSadudee
BTCTHB TA and EW with ProjectionThai Baht is close to Bitstamp and a number of other crypto exchanges. EW count projects a current Subwave track in Wave 4 counter trend. Pitchfork median line and and historical support levels indicate the projected path to the end of Y. It's not relative to make projections past wave Y. Swing Traders, Day-Traders will take this pivot. The algos will surely comply with an expected bounce at this level. When locating bottom pivots, it's not uncommon to be fooled by the algos. Long position takers utilize buy ladders or wave 2 confirmations. Day traders will take the algo fib points. My position is neutral until the trend shows a proper reversal and confirmations.
B
by The_Expat