Just for myself to see if it happens. Using trend channels, MacD divergence and volume profile. Idea is it to repeat the last drop. Obviously wont happen if BTC moons which is unlikely. Lets see does it happen/work.
Sell @ 55c stop if it starts to trade up the way. Target 38c and lower.
Not so cluttered view
Targets from volume profile.
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Looks all messed up and stuff but makes seance to me.
Stars trading above these prices its not a short.
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price needs to hit the sell to be divergence.
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Seems to be going okay. Not really changing my stance unless BTC changes direction. Dont want it to start trading above 55c really, if it does will close my position.
The lines you see is just wave tradings some people do, which I find interesting.
@VYCanisMajoris, Still looks alright, could of got nice prices if I was around an hour ago. I expect it to break down. BTC price the same as yesterday, if that was to move up it would change my outlook but for now there is no reason to change my mind.