BTSBTC Short
Updated
I'm a fan of bts but looks like the last Elliot Wave was a DUD and it confirmed that we're in mostly in the CORRECTION of a bearish market and NOT IN A BULL MARKET.
There is another 5 wave downward correction in wave C
The chart looks like Elliot Wave zigzag correction pattern: 5-3-5 correction
Stop loss: a high upper of B ~ 4900 .
There is another 5 wave downward correction in wave C
The chart looks like Elliot Wave zigzag correction pattern: 5-3-5 correction
Stop loss: a high upper of B ~ 4900 .
Comment
Took some profits at 3300 ( trading poliniex)Comment
We may find some support in the 3300-3000 range as it is the level or the 4rth wave . Could be a good place, wait for a bounce and re-short itComment
RSI divergence on the 15 min chart. Opened a long. tight stop, just in case there is another leg downTrade active
New short opened: 
Comment
Trade going as planned.Trade closed manually
it was a pretty solid trade. wished i followed the plan and not buy and re-sell along the wayDisclaimer
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.