My fellow traders,
The following has been observed:
These factors combined give us a good long opportunity:
buy at 428 usd
sell at 640 usd
Everything might be a some dollars lower or a higher so keep track of the movement.
ps: I'm not a financial advisor so I'm not responsible for any wins or losses :)
The following has been observed:
- rsi is showing a pattern
- bullish divergence showing up
- volume flow is steady in this area
- second touch of trendline incoming in a triangle pattern (LH+HL)
- elliot wave count at the 4 to the 5 of the 5
- elliot wave fibonacci points 0,1504, 3.618 and 1.618 allign together (extremely technical since the drop by the way)
- strong red support line
These factors combined give us a good long opportunity:
buy at 428 usd
sell at 640 usd
Everything might be a some dollars lower or a higher so keep track of the movement.
ps: I'm not a financial advisor so I'm not responsible for any wins or losses :)
Comment:
Better zoomed in we understand why math is great and gives some interesting indications
Comment:
Allways keep a good eye on different signals and crossexamine everything what you can find to better make an understanding of a movement. Now the last signal that is evidently also available on the graph are the frags and this is how this temporary spin can work out
Comment:
A random Iron balls box has been formed. Only for HodlyCrypots!
Comment:
here comes the boom
Comment:
Two paths have opened, both seem to predict lower points than where we are now, either up a little then down
or down
so selling here is wise, rebuy laddering same strategy when we go down
or down
so selling here is wise, rebuy laddering same strategy when we go down
Comment:
Selling was wise and a good call as the chart shows, bought at the bottom, sold at the top, I will try to reladder the buy when it hits the previous target again or near it, expecting a bigger bounce this time as it consolidates hopefully the support
Comment:
Selling was definately a good call. Rebuy in at the last bottom or a few dollars under it. Ladder it and go back in because another upward movement is coming. We are trading sideways in a neutral zone (it confirms the support line). The target is set around 409-421 (409 is fib target).
Comment:
stop all trades and take profits while you still can, we are going lower.
Be carefull (ladder wisely and only with a portion of ur equity). Stay safe and good luck everyone!