its coming again !
Updated
here we are, in the beginning of a parabolic uprun fractal. lets look at this.
if you open your own chart and compare this structure in 4hr with the current one in daily, you'll notice a few things :
1. bitcoin accumulations that slowly coming back to the neckline of selling climax, may lead to a parabolic uprun.
2. when this uprun starts after a short consolidation, be sure to have stoplosses on your alt/btc pairs(altmarket index) :
3. and you can clearly see when to buy your cheap alts again.
although there's a long setup, this is not an investment advice, it shows only a invalidation level( daily close below stop area)
if you open your own chart and compare this structure in 4hr with the current one in daily, you'll notice a few things :
1. bitcoin accumulations that slowly coming back to the neckline of selling climax, may lead to a parabolic uprun.
2. when this uprun starts after a short consolidation, be sure to have stoplosses on your alt/btc pairs(altmarket index) :
3. and you can clearly see when to buy your cheap alts again.
although there's a long setup, this is not an investment advice, it shows only a invalidation level( daily close below stop area)
Comment
Here's a range for daytraders. Short the top, long the mid /bottom. Comment
Tp1 reachedComment
Tp2 reached :)Trade closed manually
market closed.Disclaimer
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.