Until the extensions break, no sign of a top. When they do... maybe there's a short for the utra-aggressive. I'm a perma-bull so I'll what for the next retracement. If it comes...
Things happen fast in Crypto... Waiting for a pullback...
Not a short. Just a target. If we got a pull back on the way, I'm a buyer..
R-to-R too good to pass on an exact .618 tag with good structure. Yes, there's news coming, therefore the tight stop. I'm in at: 0.7452
I'll take it at 24 with a stop just under 22.
I like the 50% for a bounce to test the upper median line. That sets up the short for the possible run down to the 61.8. Excellent Risk-to-Reward on all three. Possible perfection... It may take some time to get there but this is one to keep an eye on...
Possible pause for the cause here... Finger off the safety for any pull back to re-load.
If we can break that resistance... the first pull pack would be one to watch. I'd prefer to buy it at 24-ish if we get an chance... Definitely one to watch this week.
"If" it comes down to the reload zone... You don't get much better Risk-to-Reward. Patience.
A: The Median line channel holds at 1952. B: I'd be a buyer with both hands if we can get a 50% pull back to 1852-ish. I'd like to see some of the weak hands flushed out for better ling term structure. JMHO...
Perfect high to high tag of the 50% line on the pull back. The algos love that on a run like this... New target 1982 - 2025.
I'm not calling a top. More like a Friday afternoon profit taking spot. Reload is below at 50-61.8. It would be healthy to take some of the froth off the top, let it cool down and then we can sip it again as and look for a base for the next run up. When CNBC is referencing it, gotta think a short term top is potentially forming.
Reload zone. Would be a gift if we ever see it.
Good chance it heads toward the -0.618 to pause for some profit taking. Reload zone at the 50-61.8 zone
Tighten up stops when we get to 100% of wave 1.
Risk Reward is Excellent. Just needs a spark of Volume and the climb can begin towards targets...
Clean Risk to Reward trade. Clear Target. Reasonably tight stop. If you're a fib and median line trader. Time to pull the trigger...