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ROAD to 5k; Dead Cat bounces.
Bitcoin / TetherUS
ROAD to 5k; Dead Cat bounces.
By Rudcardinallo
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Updated
Mar 29, 2018
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Mar 28, 2018
High probability that this was the bounce and it is forming a sideways ABCDE in a triangle.
Price action continues, still 2-3 trades i foresee as going both long and shorts between profitable.
Be careful tho, remember 11.400 ? That's where bloody waterfall emerged. The same could happen again.
Remember: This is a dead cat (RIP) and you are the frog in the tepid water which is being slowly boiled to dead. ( Road to 5k. )
Stay strong.
Mar 29, 2018
Order cancelled
RIP 7.2k
For an updated scenario, look for "Detailed 5 structure" in my ideas.
BTCUSD
Chart Patterns
dead-cat-bounce
Harmonic Patterns
Trend Analysis
Related publications
BTC Extended Correction based on Elliot Wave theory
by Rudcardinallo
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