Watching the number of shorts growing in the market we are shifting to anticipate a final flush and V shaped climax some time in the next few days.
I will be watching ETHBTC and LTCBTC to see who is more oversold when the time comes.
Watching for BTC as the guide and leader, and the potential for a $6k climax flush will be something I keep an eye on.
Still extremely patient and waiting for a setup where it leads to a "This is brutal" reaction to signal the temporary bottom.
Until then we still watch EMA resistances for bear flag setups, highlighted in the last video.
Bulls need to continue to remain patient and cautious in this current very unfavorable environment.
I will be watching ETHBTC and LTCBTC to see who is more oversold when the time comes.
Watching for BTC as the guide and leader, and the potential for a $6k climax flush will be something I keep an eye on.
Still extremely patient and waiting for a setup where it leads to a "This is brutal" reaction to signal the temporary bottom.
Until then we still watch EMA resistances for bear flag setups, highlighted in the last video.
Bulls need to continue to remain patient and cautious in this current very unfavorable environment.
Checkout our full trading resources online www.chartguys.com
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social