Everyone n their mother is calling for LTC correction to bottom in the high 60's - so, that's priced in folks. Are you faster than the machines? As we all start thinking, that expected bottom may float up I believe. I am still scaling in...today into the weekend for a Sunday / Monday major reversal.
Imo, We missed by a few, but the 1d trend is a strong factor and MA/EMA set ups we can still work with, especially if we keep a bid into weekend.
Imo, We missed by a few, but the 1d trend is a strong factor and MA/EMA set ups we can still work with, especially if we keep a bid into weekend.
Note
Bitfinex/NY AG news - my take - I'm a little quick to dismiss most "news" as noise, n I'm hoping the "injunction" helps in near-term.... timing is a little suspect too.Just looking at the charts - it sure doesn't look as bad as it sounded
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