Chevdor

Chevdor

Paper trading and posting to get a bit of pressure and validate (or not!) strategy.

Chevdor

We got a nice 5 waves down followed by a 3 waves up with high volume. RSI shows a failure swing point and IMO the volume will now go down while we enter a first leg up. On this chart, I did not yet pay much attention to the depth of the up coming waves and it will probably go lower down. We can see a bit more once wave 1 closes.

Chevdor

Primecoin followed pretty much Bitcoin until the recent lethargy. It seems that we get to an end here while this second triangle is closing. Can we expect a week or so of sideways before picking up again, following a potential btc uptrend ?

Chevdor

Nothing more boring than this uncertain swing. I would love to hear bullish or bearish arguments. For now, the last candle seem to happily repeat without originality.