I know I said I'd tried to update with a publication each day; I'll have to politely ask you to hold me to that promise until after the holiday breaks -- $BTCUSD failed to break the ceiling resistance in previous publication however the indicators & hashrates do not lie HENCE the retracement we've just seen back to 7180 R1S2 & Demarke is still in effect; just took a little longer than projected.

I want to focus on ALTS now that we've had a major rally in BTCUSD price action: primarily I've had my eyes on: ENJETH / BNBBTC / TRXXRP (already closed -- check twitter) / BTTBNB (already closed -- check twitter) and now XTZUSD

Without going into too much detail -- W BOTTOM reveals target short on XTZUSD @ $1.65 with a stop listed at $1.435


Source/Ref for more info on M tops & W bottoms (which I've covered in detail in prior publications) but always helpful to provide tools for you to educate yourself to spot indicators rather than just providing forexsignals with no basis.

Additionally, we're seeing a lot more healthy priceaction which I believe is a good thing -- organic growth in market cap / price rather than the rampant volatility from OTC trading / Pump & Dump whaling circa 2016-17.

Remember to always set your stop losses!

  • Disclaimer
Not financial Advise. Beware of price volatility. All forexsignals subject to change contingent on market priceaction.

  • -@a1mtarabichi

Happy Holidays / Merry Christmas / Happy New Years!


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