Same bubble. Wait the chance for short with your patient.
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Be patient my friend, wait for the bull exhausted.
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Red circle is MA30 and track suppress zone, but what i expect a M top will be perfect, but the market always right, don't fight it, learn it.
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And there is another important thing we need to think about, will the ETF be rejected after the hacker's attack?
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If there will be wave 5, the ETF should pass, what the hell?
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This is the first time MA90 on 4H chart been tested, I think we will see a rebound soon. But I choose to watch and wait, to see if we will get a wave 5 or M-top.
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The price difference between futures and spot(OKCOIN:BTCUSD3M*USDCNY-OKCOIN:BTCCNY) has finished a complete Elliott 5 wave, for me it's better to close the short position and wait for another chance.
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Reverse H&S if no news about ETF in next 3 days.
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Not top yet, just a retrace, but need to watch now.
In fact, this chart provides a different perspective of the market. This type of charting idea never passed through my mind. It is always good to keep in touch with professional traders.
Thank you for sharing this chart. Continue your good work.
TheAnalDisaster
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@patterntrader, Bro why is it that every time that I look in the comments section I find you there posting the exact same text? XD
@patterntrader, not at all but if you say the exact same specific thing about every chart your applause kinda loses its meaning. Not trying to be mean just telling you what I think.