We all know what did happen in Sept 16,a big fall of BTC and nearly spike down to $2.800.And today BTC have made it passing recovery checkpoint 2 days before Big down Happen (Sept 14).but the price wont go smoothly to the top without any waves and corection,there is a lot of waves and you know that is ussual behavior of the chart.
2 Waves have nearly done after reaching back to $4000 level.and i think there is will be the 3rd waves coming.and even in 2 down direction waves,we all can still make profit by playing ping-pong.just like me making 6 trade in 2 days and making 12% profit while the chart go down.Waves is essential in chart and you must be friend with it
2 Waves have nearly done after reaching back to $4000 level.and i think there is will be the 3rd waves coming.and even in 2 down direction waves,we all can still make profit by playing ping-pong.just like me making 6 trade in 2 days and making 12% profit while the chart go down.Waves is essential in chart and you must be friend with it
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After going down like predicted,the chart start going up and making new waves.and now the gamble begin.is this gonna be fast or with many waves to the north
we can see the chart have go down to recovery line (blue one) and have a little fight there with little waves.
after all,within my last ideas which is BTC will go down for moment proved right.this is the safety measure we talk about,just like @goldbug1 said,it is trader vs gambler.