I will close my short at .618 - .61 Golden pocket region. Possibly price will break the support and go down below to 200 EMA which is 0.42 Cents. But I expect a little bounce from .44 support so I will enter a short after.
Chart is self explanatory. I recommend laddering your entries up on the subwaves. Use SL and Don't spend all of your money in one entry.
Hello everyone, I've noticed an Inverse Head and Shoulders pattern forming up nicely for BTC 1D Chart. It is crossed with .65-.618 fib "Golden Pocket" Range. Let's hope that this will be our last dip. I will be buying slowly until we get a real confirmation of a reversal.
Long Entry: 6.65-6.90 Target 1: 7.19 Target 2: 7.27 Target 3: 7.35 Stop Loss: 6.58 for tighter one Risk:Reward 1:1.78 to 1:2 according to your entry level. Time: 3 days 12hours. This is a trade I'm in right now, I got in a bit early at 6.96 but I will accumulate my position down between 6.8 and 6.65 range. OMG has upcoming 3 events. 2 Exchange Listing and a...
Hello everyone I hope you guys are having a nice day :) I'm new around here and I'm trying to learn scalping and mastering the RSI/Elliot waves/MACD. I will be using the divergence strategy so my positions will be opened at clear divergences or clearly defined elliot waves. I'm still learning so every positive criticism will be appreciated :) In this chart I'm...