Looks like it's due for a correction..
코멘트:
Next stop green line...and eventually red?
매매 수동청산:
Decent trade, small profits, profits are profits. Closed for now, alts may do well in bitcoin weakness.
코멘트:
Back out at again due to the failure to remain above the blue line horizontal resistance. Starting to look like a bear flag/pennant:
While I'm bearish on bitcoin, alts in general may not due so well this time around, litecoin may steal their thunder.
코멘트:
Going back to the EW count in the beginning of the idea, I think this probably a more accurate count (1d chart zoomed in):
Why? Well this recent rally up looks more like a corrective wave, tough to justify a 5 wave impulsive pattern there. So this would make more sense.
코멘트:
Broke key support on the daily (green line)...looks like she's heading downtown. Red line next stop:
코멘트:
Trade closed for now, great trade, caught pretty much the whole trend down. Breaking back above resistance now, finally some volume came. Downtrend probably still not over, so may look to short again later, we’ll see.
액티브 트레이드:
Honey Badger is about to go wild, people are quitting their jobs to trade alts, noobs running wild. Short, will probably add more if we happen to go higher.
코멘트:
Many getting bullish on xmr, but idk still seems bearish to me...
코멘트:
Closed on the break of black trendline on the daily, small loss.
코멘트:
Sold again when it appeared horizontal resistance on the daily would not hold, seems like an alt coin apocolapse today
코멘트:
This seems like an a-b-c correction up on the daily...
코멘트:
Heading downtown:
코멘트:
Looks like support on the daily is holding, trade closed
코멘트:
Sold again on the rejection of the .618 fib:
Bitcoin about to go parabolic IMO, alts will not keep up. If we break back above the .618 then OKAY.
코멘트:
Such alt doom much wow, slammed down again to support, 1d rsi meeting big support line, will this hold? If not this is going way downtown stay tuned:
코멘트:
코멘트:
Looks like this is going to break soon and fall off a cliff:
코멘트:
Broke down out of the descending triangle, and broke the .618 fib into the danger zone. Looks real ominous : )
코멘트:
Just adding this published chart:
코멘트:
This was a nice chart : )
