Substratum
Watchlist update 01 | DGB, BTC, SUB (Expecting pullbacks)Hey guys, this is a quick overview of a few of my watchlist items. Keeping to the Tradingview 10 minute limit until I get something on Youtube sorted out, I decided to start doing updates on what I'm looking at in the markets. I'll try to quickly work up toward publishing one of these daily with regular updates of all of my main ideas as well as updates on future projects if they arise.
This update quickly skims over SUB and BTC with a shoutout to the fella who recommended that I begin doing some T.A. on the USD pairs against the BTC pairs for comparison. The differences are quite telling and so he has a point, I completely agree!
Here are some cool articles to chew on for today regarding the state of the market.
Here's the link to that awesome Substratum (SUB) review mentioned in the previous idea:
youtu.be
A link to Clif High's website:
www.halfpasthuman.com
Digibyte: www.digibyte.co
Substratum: substratum.net
By the way, apologies for the microphone blowing...I'll take the mic out of my mouth next time :D
Subtratum (SUB) /BTC - New Target set Off Double BottomEntry - .00008800 (should of entered here) I think entries around .00009500 are still ok for longer term.
Target 1 - .00011200
Target 2 - .00011725
Target 1 is based off the double bottom reversal pattern I believe formed.
Target 2 is based on 618 fib extension
Current we have move playing out on the 4hr and target 1 will complete the double bottom reverse. I also had a falling wedge that provide confluence with the double bottom. On the road to target 1 I think we'll see potential two pull backs to either .0008257 (382 retrace - 4hr fib) or .00007438 (618 retrace - 4hr fib). I don't think we will get back to the 786 retrace at .00006856 but it's possible as know one has a crystal ball.
