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kidze
Aug 22, 2021 2:59 AM

$BTC double daily 13 

Bitcoin / United States DollarCoinbase

Description

Expecting price to react to this double Demark signal: sequential and combo 13. The combo especially have historically worked at predicting exhaustion after sharp price movements. I anticipate a short-term top for now.

Conservative trader might look for price flip to exit position. Or using my new indicator, exit the position when the low of the first red bar is broken.

Some Elliott Wave theorists point out that this is not the start of a bull run but in fact a bull trap movement, meaning we might dip lower than 28k. I will keep that scenario in mind.

I just exited a second 25% of my DOGE position, still holding 50%.
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