We either break up and out or double bottom or we're heading to new lows which means were about to start C wave down to 5k ranges. Stop losses tight
Still waiting on this next pivot, RSI rising wedge, my money at this point is betting that we don't break 7777 and head back down for retrace. I have buy orders in at 7777-7900 for wave 3 in case we get through
We need to rally back through the .618 at 7777 range for rally to 8400-8800. If we can't do this after this next correction then I assume we come back down and test the .786 again before the next move. Wouldn't be surprised to see this rising wedge in the RSI break bearish and a drop back down to shake out the weak hands. I've temporarily closed my position,...
This is an awesome project at a bargain of a price. May have to pick some of this up for a MAJOR profit later this year.
Couple different scenarios
BTC looking very nice since entry point. Alts flourishing nicely as well.
Would be very surprised if BTC doesn't make a run at triangle resistance 9,000 range.
sorry, but high side shouldn't be too deep of a fall
Slowly approaching apex RSI convergance. At the moment, order books look good, and i'm feeling a little bullish but if not already in position, it may not hurt to wait until we break above red trendline resistance for confirmation. Personally, I thin were heading for 10k. We are still holding in bearish channel RSI, walking just underneath trend line so it could...
IF BTC cooperates we should see something like this playing out ss we approach the .618 on a fresh wave one retracement.
XLM target nailed with precision. Possibly expecting some consolidation and retracement. Took 50% PROFIT.
Still trending in bearish channel approaching apex. 1 hour reset coming then we test resistance. Needs to see some buying pressure for another move up and continuation of wave 5. .
XEM very bullish after successful bull pennant break and consolidation above trendline. Expecting big moves soon.