bernino

bernino Updated 

More notes on the last V being tested. This is gonna make some waves on the rebounce and then we see if we get smaller or lower highs to break the down trend or not. I think not. Its going for 1870, but now it will be a full on dog fight. Brace for impact. BITFINEX:BTCUSD

bernino Updated 

Plenty of V shaped rebound trading opps next hours on BTCUSD as 2200 is tested. Elliott wave, MACD 15m and 30m plus Fibonicci Retracement is your friend to find R/S levels. Overall still in a huge correction wave possibly down to 1860 with a battle at 2200 for a while.

bernino Updated 

This could be the beginning of a really deep bear. Check the MACD 30min, 1hr and 1d. Careful - theres been too much hype and correction probably coming down (Fib ret) to 2540 then 2490 then 2400 then 2280 if its really deep. .

bernino Updated 

MACD showing strong discrepancy in favor of selling now on 1hr, 4hr, 12hr, 1d covering all trading time zones on planet earth and the waves are getting faster and smaller around testing the critical 2470 which was the rebound of the smaller peak on 26th of May and the bottom of the last down. I doubt it will hold, MACD is against it with a big M (check 6hr and...

bernino

ETHUSD is obviously overbought. It looks to be turning now on MACD 1h with deep correction. Short now? ETHUSD

bernino

MACD showing a mini M forming inside a larger M - short? BTCUSD

bernino

IMHO ETHUSD have gone parabolic on FOMO driven by Putin's endorsement last week. That said, I'm still long - but careful, we may get a bit of a pull back real soon. 376 is the Fib ext first major profit taking of the bigger wave from 344-346 when it broke out of the main channel, then 397. Now its able to parabolic chase 397 and 414. Crazy hot, so careful as MACD...

bernino

Profit takers prob coming now as per Fib extensions and support shows the channel is substantiated further by HS and Fib retracement. I'd let it cool off till 350ish, then pick up again. Still long over the next months, but close now, then back in at 350.

bernino Updated 

Hope you had a great ride from that 320ish buy I posted earlier. The 340 was crushed through and now lets see 346, much stronger resistance expected here but big upside to next crazy levels at 349. New support at 343 after breaking 340. Lets see about going through 346. I've put a trailing stop 3 so I can sleep in peace. ETHUSD

bernino

If 322-325 or so is held Im gonna double down with those Fib retracement supports overlapping from last bottoms of rallies; who's in :D ? . I'm long ETH anyway because its linked to the real economy via smart contracts as a currency. BITFINEX:ETHUSD ... but lets see 330 first

bernino

Approx support levels as a results of the waves and in particular 320 about. COINBASE:ETHUSD . Thoughts?

bernino

If you got in before the weekend when Putin made statements keep an eye on 335-345 with some pullback now - just showing the waves in the last hours leading to testing 340. Thoughts? BITFINEX:ETHUSD . Fib 78th% support at about 320 btw on the longer wave.