UNI is hitting a clear 1:1 here with some wick while BTC has a flash mini potential blow off top so im taking some profits here.
I'll be looking to re-enter my swing at the log 0.382 which is $5.39.
It may (I think) get to the 1.272 but even if it does and reverses then a 0.382 is still lower than current price at $5.54.
Some bearish divergence also on the 1H.
Also NDX hitting resistance so I'm expecting a down day tomorrow which can also pull crypto down so it would be approriate time for BTC to top if thats correct.
Most of the other coins i'm leaving alone unless they have clear fibs and I cant be doing with too much fiddle.
Not advice.
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Slight adjustment here as UNI has had a big bounce and found that a 1:1 and retracement taken from the higher thrust candle both hit 5.45 so I have my buy order there.
Its not big gains but the multipliers do add up.
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This one has gone astray now but I think BTC is going to have a significant short term retrace and so I think its likely UNI will also whenever its done here. Should easily get back to breakeven where I exited at the very least, but we'll see.
Also its happening out of hours and so good chance it gets back and maybe still hit the target.
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UNI here looks like its breaking out so the 1:1 was just a short term retracement.
It may pull back but I'm only exiting at obvious junctures. Now it has surged on I have bought back in.
And it may come back to my exit point and thats fine because these are very exotic charts and UNI will be way up in weeks and months ahead.
You my friend have been right over and over again. I remember Bitcoin at 55k plus where everyone was calling 80k , 100k even 300k , and you were calling 20k . I remember when you did a “hit peace” my CELO lol , and boy where you right . Just want to let you know that I appreciate your time and value you shared with us .
dRends35
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@Be77ni, Thanks for the kind words I will do a MATIC thread soon.