Using Tom Demark Indicator Feb 21 looks to be the end of a daily 9 count.
Looking for a recovery rally from here.
Strong support using price to volume at 0.001392 BTC.
Daily RSI also indicates support here.
Possible parabolic rally is occurring, bounces in price can be seen when Gaussian channel turns bearish immediately turning the channel bullish again, this may occur a fourth time, however it usually comes in threes. Included a short term PT for a next wave up.
Reclaimed and holding ~170k sats level (flipped into support? 🧐) after retracing from a 80% movement on 48hs..
Willing to see a little more confirmation here for a potential entry with target at ~220k sats retest...
UCTS looks bullish tho...
Got both of my confirmations to enter a short position on Augur/Bitcoin.
Entered short at .001181
SL at 1X ATR from the swing high .001227
1st TP at 2x ATR .001139
I will buy 50% back to close, move SL to break even and let the other half run with a trailing stop of 1x ATR.
After a small retracement, I expect Augur to further gains up to ~2700 sats, Parabolic SAR shows a clear mirror downtrend which led to upsides, this is a promising project with great fundamentals in my bias opinion ;p.
I'm hoping the opposite price correlations stays withKRAKEN:REPETH because it's a good haven. People in BTC will want to come here when they fomo and we get cheaper REP whe[n they fud. So I suggest staying in one place. The btc trend line is just impossibly dumb and manipulated. As are a lot of coins. But there are hidden gems. To be self centered - I feel Ive...