We are getting to a point in the shorts charts that we can say we are likely to see a big flush and V shaped recovery signal a temporary bottom.
Next time I find myself saying "This is Brutal" I will be looking to scale in.
I will play LTC or ETH if their pairing chart to BTC is oversold on the 4 hour time frame.
Continued patience until then as it could be any time in the next couple days.
Video yesterday explains what to look for on the bounce to determine if it is a bear flag or a bounce for real.
Starting to get excited with my pile of cash for the upcoming daily oversold bounce opportunity. 10-20% from the temporary bottom will be Easy if we get the V shaped flush I expect. Stay cautious!
Next time I find myself saying "This is Brutal" I will be looking to scale in.
I will play LTC or ETH if their pairing chart to BTC is oversold on the 4 hour time frame.
Continued patience until then as it could be any time in the next couple days.
Video yesterday explains what to look for on the bounce to determine if it is a bear flag or a bounce for real.
Starting to get excited with my pile of cash for the upcoming daily oversold bounce opportunity. 10-20% from the temporary bottom will be Easy if we get the V shaped flush I expect. Stay cautious!
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