uncle_crypto

uncle_crypto

Trade of the Week? Oversold RSI, red candle engulfing on Bollinger Band. Genesis Vision ICO 118 day HODL since investment.

uncle_crypto

New Resistance Channel. Shorting BTC @ Line Levels We going down down down Failed to Break 9k resistance Will try to retest $6k again If it breaks through the $5800, execute long position Ladder Buy Orders: (% = Position Size) $4800 - 31% $4380 - 31% $3038 - 38% PS: I usually like triangles, but could not draw one. So i drew some lines instead

uncle_crypto

BTC going down down down to $3k Throw all ur fiat in, mortgage the house. Max the credit cards. haha FORECAST: ABC Correction on monthly chart is yet to about half way. RSI on daily should do a double bottom. Single RSI touch on the WEEKLY/MONTHLY

uncle_crypto Updated 

The Bleed is not Finish - Correction Wave 2 (ABC) Yes it is on a weekly Yes, everyone looks on a daily In theory, timeframe is irrelevant. As the correction wave ABC, we have not seen B. Therefore giving consensus that BTC will have to dip for another candle (week) For Elliot Wave theory to apply. Correction Mid Bounce (week) = USD$5000-$5500 As long as ABC...

uncle_crypto

Long Play - Bounce off 5538. Next support level in at 3138 ALWAYS LADDER BUY - You will sleep better at night looking at the executions.

uncle_crypto

Final Long Play BTC Reversal

uncle_crypto

BTC Bounce - LONG PLAY

uncle_crypto

BTC Bounce Ladder Long Position