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Robster101
Mar 14, 2018 10:37 PM

My BTC play over the next day..  

Bitcoin / TetherUSBinance

Description

I believe that BTC has a further wave down (and possibly more to follow), however my TA is purely based on what I believe the count to be for now.. I'm mitigating risk throughout with short stop losses and overarching ranges for buys/sells, plus laddering my buys lower down. We don't know what it will do next but can only play this next hand with what we have. Cheers and play safe. R

Trade closed: stop reached

Impulse down.. bearish town. My stop loss triggered and just woke it to find this BTC going lower then the play for the anticipated sub wave 4..Awaiting bounce to re-evaluate. Hope you stayed safe. Cheers R

Comment

It was due to sub wave 3 extending to 1.618fib and now normal service resumes. I believe 7.2-7.4k is next after correction of sub wave 4. Cheers, R
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