100-200+ $ movements are quite possible according to 1h / 4h charts. Stop loss at the bottom of a channel.
However i think that 5 waves or 3 legs down already took place. The walls of a triangle are quite far so we are a bit volatile as we have 3 weeks or so prior to triangle breakout.
However i think that 5 waves or 3 legs down already took place. The walls of a triangle are quite far so we are a bit volatile as we have 3 weeks or so prior to triangle breakout.
Order cancelled
i think 6466$ was a top for a while. Hopefully trade paid off comissions. We might see a pull back and only then, at the temprorarry bottom i will get back into this trade. Then it might work out. There already were a similar patterns on other indicators i use / chart correlation. Let's observe what happens.
Note
¬6390 $ acc to Bitfinex chart is my new Long entry point.Trade active
the buying opportunity. 6300-6390 are good to long.Trade closed: target reached
6400 TOP , that was it.Note
6400@ bitmex 6475$ Bitfinex
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.