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noam_chom
Nov 30, 2018 6:25 PM

WH fractal shockwave breakdowns - beta and Alpha phase 

Bitcoin / DollarBitfinex

Description

targets near 2700 - 3k range before the end of the year

Trade active

note that the location of the 4 scoop range is not x-axis accurate (because this is a lower timeframe candle chart - wait for mid-Dec to mark off or keep

Comment

continues to step its way down toward $3,000 scoop zone
Comments
wargolynch
actually your ichimoku is bull
noam_chom
@Sessay, thanks and correct, but i trade on Ichi as leading, not current bull/bear status. Notice that now the bull ichi has materialized with the call
wargolynch
@noam_chom, It will soon go to 4400

You can't base your strategy on ichimoku only, even if it's a complete tool, just saying. I also advice to use different ichimoku periods for volatile markets like crypto.
20 60 120 30 is a well known config
I personnaly use 21 55 144 34, since they are fibo suite numbers


noam_chom
@Sessay, slowly walking its way down toward $3,000
noam_chom
@Sessay no $4,400 as suggested on the 3rd. keep in mind that this is a Bear Market Recession. Majority of your Chart harmonics will breakout negative (rather than positive). You can be a perma-bull on crypto fundamentals, but risk losing tons of money if you always delude yourself to think the price always wants to go higher
wargolynch
@noam_chom, i'm not permabull, I was just looking for a temporary bounce that not happened, I'm short since support breakout
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