1.Short term traders: Set stop beneath low of day 12/05/17 (Coinbase 101.01). You can rebuy on strength, which I will post.
2. Long term traders (or investors), leave stop below red support trendline.
2. Off the high market has made a .382 pullback and then a .786 correction to the
3. Buy on trendline break above 103.24.
4. Short term traders place stop just under 95.
5. Long term traders/investors place stop under red support trendline.
2. Market doubled at the .382 correction and held
3. We can now buy on the trendline break, but at a more favorable price
4. Buy on trendline break above 100.87
5. Target still 235
6. Stop 95
as shown below:
Target still 235 area. Buy above 152.50 and stop beneath 125.50, as shown below.