BTCUSDT - H1 - short waiting for the top of the channel, then: short again.
Comments
Playj
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I love this I didn't think the bounce back would be so stong but you are dead on. think the fall is happening already but I just shorted ethbtc pair b/c I can short btc so to speak. that pair tends to follow the price of btc because eth follows btc pretty well. what indicators on tradingview do you add ive been through many lol
felipecms14
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@Playj, mm9, 21, 200. bollinger bands and ichimoki (just the clouds), macd and stochrsi. thats a lot of indicators, some works better in some pairs, and others. yes, i agree in short eth/btc, even btc falling. it would be better to short eth usd, i think its possible to do on bitfinex - i know, bitfinex? but.. it is better then po'leg'iex.
felipecms14
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SNOGY
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You think the top of the channel is like 2350 or the 2298 around where you have placed the .5 bar?
felipecms14
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@SamYilmaz, 0.5% line - just hit it. thats the B wave of elliotwaves theory. But be allert if the prices acumullate between 0.5 and 0.61%, out of the donwtrand channel.
felipecms14
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@felipecms14, 0.5* 50% of correction from top to bottom.