Hey guys i did this video analysis for bitcoin because we saw a decent sell off on ethereum today where we couldnt get above the recent high at $290 before we sold off. well bitcoin is the big dog on campus so if it gets hurt it takes us all down with it. please see my WXY corrective structure on my ethereum chart that i posted to follow that setup.
So as far as bitcoin goes. I zoomed out to get a macro view, we found some bearish looking info on the monthly chart.
The daily looks like its going to be wrapping up that nice run up that we got, so i showed some areas of interest that could make some nice trade setups. we may have to wait a bit but you could really make money if you just wait the trade out. it really is about patience guys and minimizing your risk.
if you have any questions or comments please let me know. im here to help
thank you for your time
Rigo
So as far as bitcoin goes. I zoomed out to get a macro view, we found some bearish looking info on the monthly chart.
The daily looks like its going to be wrapping up that nice run up that we got, so i showed some areas of interest that could make some nice trade setups. we may have to wait a bit but you could really make money if you just wait the trade out. it really is about patience guys and minimizing your risk.
if you have any questions or comments please let me know. im here to help
thank you for your time
Rigo