Three entires in place until the end of march for BTC. 42450 seems to be a given for a short until 25th due to half valid elliot correction B-C. Following a reaction after 42450, 1. if the price rises above 42600, a long opportunity, due to new impulse with a rebound from trendline bottom, after a correction from fib .382 2. if the price falls below 42300, a...
As expected and noted, a slight upward movement has occurred at 15th. Three positions remain in effect, which will show up tomorrow at 19th. Depending on whether if we rise and get a reaction from 42k band or fall and get a reaction from 39400 band. The most likely scenario is that BTC will keep its sideward trend and pose no good positions until when it will...
There does not seem to be any good actions of long or short until March 15th. Then this might be all wrong because I am a noob at trading. Following March 15, a slight upward movement However I do not think that 34 would be broken, due to lack of interest in buying and selling parties according to the volume profile. Even though a downtrend during 18-19th,...
Since september decisions of Japanese fiscal policy, there had been a steady decline in Yen. However current status, despite the Japanese sanctions might have an adverse affect, may indicate a strong upward correction. Until the monetary policy completion at March 22 anyway. I am quite new to trading, so all comments are more than welcome! Thanks in advance.
The race starts at Step 1, Step 2 defines the path it may further take. Please follow the color coding at March 15th. Then this might be all wrong because I am a noob at trading. One short and one long for the a highly possible red trail. Two longs for the less possible green trail One good long for the most possible purple trail And finally, for all BTC fans,...
Will it be corrected further so aggressively? Any comments are appreciated!
The downtrend seems to be going on and I had to fix lines from my previous chart.