2 Long setups:
1) On the 0.618 fib + S/R flip
2) 0.786 fib + POC of previous range
Aiming to take out the local high
Setup would be invalidated if we take out the local high now
1) On the 0.618 fib + S/R flip
2) 0.786 fib + POC of previous range
Aiming to take out the local high
Setup would be invalidated if we take out the local high now
Note
WOW! What a dump! Longed here with clear invalidation under the wick
Note
Almost got stopped out, but didn't.
Would definitely TP if either of the highs are taken out and leave the rest to run.
Honestly think that the ALTs will either range or slowly bleed as BTC do it thing. A small dip in BTC will be a larger drop for ALTs. Or I could be wrong and the ALTs will pump and catch up with BTC. ETH is a wild card to could pump now and bring the rest of the ALTs up together. Would be cautious entering shorts and would be taking profits along the way up.
Trade closed: target reached
Target reached. Trade closed
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.