Rave-n-Trade

Rave-n-Trade Updated 

I am an experienced trader, however I am newer to trading cryptos. One thing that happens in a strong trend is that you will see cycles of pull back. Looking at the pullback that happened in January of this year I see that this current pullback looks very similar especially visually. From Jan 8th to Jan 22 price dropped from a high of $42000 to a low of $28800...

Rave-n-Trade Updated 

If this is helpful please like. I had a full write up that I somehow accidently deleted before the most recent HH you see. I notice these patterns work well, especially the higher the TF you go. However, while they can indicate a full reversal, sometimes they just bounce to common fib levels of the AD and continue on their way. This is especially true with a...

Rave-n-Trade Updated 

I don't have the ability to short Doge on Kraken but I like to watch for potential entries. I like the Fib retracements that I see. The pick line is 100% extension of XA which is a a possibility of price movement, but no guarantee. If price respects the pattern, and pushes down towards the end of the pink line I will be looking for new entries Long.

Rave-n-Trade Updated 

I like the Fib ratios up to the D point. For it to land on 61.8 of XA and that area of resistance it wouldn't exactly be 100% of AB extension, but slightly short. Might see a wick up to full 100% of that extension.

Rave-n-Trade

If you look at the 100% extension of the AB leg you will see it falls on the previous high. Current momentum could allow for a breakout of this but I wouldn't be surprised to see a spike down (even if just to the 28.6 or 38.2) of the over all move. Just some DD as a whole for myself. I am overall bullish on BTC.

Rave-n-Trade Updated 

DOGE – POTENTIAL BUY SIGNAL Elon Musk posted about DOGE last night and it sent DOGE up drastically today. However, I see a strong pattern forming that has the potential to give a strong buy area. The trick with this is that while the buy area is highly likely to bounce up, will it bounce up and then continue down or bounce and continue up? This is where risk...