We saw a perfect reaction from the 3.618 fibonacci extension The 4.236 extension is often the so called 'wave ender'. Touching this and giving a bearish reaction will give a short oppurtunity In my opinion a great place for a good R/R short if we get some confirmation here.
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Ping Touched the fib Will open a short here if 1h/4h closes as SFP as a hedge to my spot longs
normal that would happen but in a btc bull run all that goes out the window , shorting this will get you wrecked
RJDTC
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@Sporia, cocky bulls needs to get punished. You do realise, hopefully, that in 2017 there were retracements aswell
Sporia
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@robbiegrass, dude that was at the end of a bull run you talking about retracements at the start of a bull run this shit has not even started to pump the buy signal the monthly has gone off just this month , just like it did in October for me when tesla was 250 dollars , this is just the start pullback maybe but retracement just 1month into a run haha this cause pump for 1 year with 30% pullsbacks to the 21 weekly ema like last 6 years
shahanohanessian
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scam wick to 10k?
RJDTC
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@adamxbox, Unlikely, most shorts already been stopped out and funding is extremely favorable for shorts right now. Bulls are paying big time for their positions and this turning into a slow grind upwards.