Basically same trade as before. Multiple ETF's rejected today and price not moving much, already priced in I think. I'll wait for a confirmation of support at 6300 and once it looks like it's holding I will go long to see if we can break 6600 again and remain above. SL just below 6200. Let me know what you think.
If we can bounce and hold above 6300 I think there is a good chance we will move up. In case we manage to break 6600 resistance we can continue the upside same as a week ago. Two targets set just below the fib levels going for 8% and 18%. Use a tight stop loss because shorts are increasing and bearish sentiment is strong. It's against the odds but BTC has made...
Monitoring #HOT/ETH, currently flirting with the 0.00000215 resistance and just broke through slightly after rejection this morning. The breakthrough has more to do with the heavy decline in ETHUSD the last hours, confirmed by the slight decline in HOTUSD and HOTBTC. Expecting HOTETH to pullback as ETH bounces. Depending on how it reacts I present two courses of...
Whilst everyone is calling for moon and re-ordering their lambo's I am still a bit more skeptical. When looking on the 4H chart (BTCUSD), zoom out a bit and draw the trend lines. It actually didn't break anything and the resent pump was mostly because of the hearing yesterday and fomo if you ask me. I think we are ready for the next leg down or sideways first for...
Just a first try on the Elliot waves and looking for some feedback. Thank you.