We all know BTC is about to take a huge dump, but when? If it couldn't go pass this level, there is high probability that it will dive into $8200
if this level holds, there is still chance for the upside
The correction from 10k to 7K9 is too deep for a wave 4th. For that reason, I'm leaning forward to a flat. In this case, B wave could go up to $11K or have a sudden drop. +1 for Expanded Flat when I see the 3 soldiers on Daily. My idea is wait for it either make a higher high or lower high to set up my trades. For now I use my strategy below to scalp here and...
It's a strange parabolic move, expecting a sudden drop at the end of this move
BINANCE:BTCUSDTPERP My setup for this trade Sell: $9400 TP 1: 7403 (27%) TP 2: 6387 (32%) SL: 10085 (7.25%)
While waiting for the clear direction, we could scalp a bit out of GOLD
NU is approaching interested level Look for Sell on rejects of this level
BINANCE:BTCUSDTPERP We are spending time at this level quite a time, it comes to an end and she will decide where to go. There are several Elliott wave counts here and one will be eliminated by the others when the actual moves happen. youtu.be Can this strategy be applied in this scenario? Let's see
CRYPTOCAP:USDT.D is trading at strong support and 50% Fibonacci Retracement Signaling a bounce back when RSI go into Oversold region This implies that BTC might drop to previous base Simple trading strategy to scalp a move or two while waiting for the clear trend youtu.be
FX:USDJPY Dollar Yen broke the local support last month and found its way back up to the upper channel. The momentum was weaken when it was approaching and the result was a retreat to .382 fib lv. Not much action here for days. It might go to the local channel, wick through and shoot up to break the channel Trade idea: Buy near the lower channel or wait for the...