jwburnum

BTCUSD/LTCUSD Spreadtrading

jwburnum 업데이트됨   
We've hit the peak of the spread chart and cycles are lining up with the 5th wave of BTCUSD . A possible pivot shift coming very soon. BTC is way too high to buy right now.

Once BTC breaks down, we may find many traders switching to altcoins.

ETHUSD is approaching the end of its triangle wave, while LTCUSD is on solid support.
코멘트:
Sharing wave count. Thoughts are welcome.
코멘트:
www.tradingview.com/...xGRtV-LTC-Fib-Ratio/

Just posted a new idea. The reason we can't find the best Elliott wave analysis is because it is ranging within a .382:1 ratio of the high/low spikes. I'm now considering the FIB. range posted as one FIB level. There is a lot of rocking between fib levels but the center is 57.30. I'm waiting on consolidation at one of the fib. levels to confirm this idea. A good indicator is looking for low volume and very low price changes. We are talking possibly days and weeks here.
코멘트:
We are finally seeing some divergence in price between BTC/LTC.
코멘트:
We are now seeing a bullish falling wedge signaling selling pressure is wanning. We have tested the support multiple times.
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