Aussie-scalper

Aussie-scalper

After a fairly good spike up challenging the downtrend, a fairly deep two - legged correction failed to bring in a lower low and the higher low led to a strong continuation rally to a new local high. However, there’s a risk of a normal correction here given the triangular bear flag pattern forming which will give confidence to bears for a contusion of the trend...

Aussie-scalper

This is a fairly mundane simple 5 wave correction in play - bears in control, every rally not going anywhere near the 40 day downtrending moving average! If you want to fill you bags lower then WAIT......It iwll go to about 25 K to terminate wave 3 down probably, then it will complex wave 4 in a range between 25K - 38 K for a while like 2-4 weeks, then a final...

Aussie-scalper

There's no point selling out at this point if you haven't done it already....another 4-50% losses to come in next days to weeks.... The best policy here is to just HODL as you've already taken a 50% loss. There market in my opinion will recover but it will take months. When there is a sign of recovery rally it will be obvious but will accumulate phase for weeks...

Aussie-scalper

I think this sell - off is over briefly, as market consolidates....It should do at least ABC correction possible V shaped to the 3700- 3900 region or maybe a bit higher.... However, I think it will fail and test lower still so only doing swing trades UP not buying again for longer term HODL yet.

Aussie-scalper

Not liking this set up for rest of ALTS, ETH new leader and its not going any higher for a while writing is on the wall with strong bearish divergence signals ; I am getting out now booking profits and getting back in LOWER, much lower

Aussie-scalper

I have decided to pull out of being long for the time being - seems like too much overhead supply and not enough legs on this bear bounce, another leg down in strong capitulation style should clear the weak hands out before the bull run could resume....BEWARE IT COULD BE SURPRISINGLY SHOCKING Its done a AB but no C leg down and it will probably extend further...

Aussie-scalper

I think this can run and get to top of range for quick +10%

Aussie-scalper

This GEM just breaks out of downtrend ...buy buy buy

Aussie-scalper

Check out this GEM in DEFI space...about to break out ?!

Aussie-scalper

check it out its broken out upside of neckline in inverse head & hsoulders pattern - looking strong

Aussie-scalper

BINANCE:ETHUSDT I believe it hasnt got much higher to go now before Bitcoin pulls it down again to test recent lows...It could fall from the right shoulder on "news' . So I am on the sidelines after a pretty weak bounce up really....

Aussie-scalper

Technical analysis : 1. Just made a double bottom and not quite ABC correction, but could recovery rally to the 57 k 2. If doesn’t get that far in rebound, will resume and drop to next line as support at 52 k then rebound 3. Either way it should resume downwards as frightened players recover there losses back and selling starts again to capitulate down hard...

Aussie-scalper

I am calling a sharp correction to test recent lows on the dailies and four hourlies... I think there's a good chance it will be sudden and fast, spooking lots of late investors buying at the tops and also ALT coins going to the moon....'Good opportunity to collect below some good ALTS like ADA and DOT, LINK and others....

Aussie-scalper

Looks like its higher into Blue Sky territory very soon guys, hard to say how high it might go ?

Aussie-scalper

Seems to be a change to UP in my books for A scalp to the top of recent horizontal range Buy on now > for take profit just under $32

Aussie-scalper

Based on price action of BTC usdt see below analysis

Aussie-scalper

Looks like the projected typical correction has Occurred in amplitude - I expect it will recover from here albeit slowly and form a lower high like a head and shoulders pattern. Trade idea > buy for a small bill recovery only to the red line which is the volume most traded above

Aussie-scalper

This makes me believe that computers trade the big two crypto with perfect double drives downwards to time entry on mid cap alts like Avax. Timing the turning point up was not that difficult for a good 10% rally