GVT - Currently down trending and yet to bottom out, possible bottom is the 10k area. GVT is respecting confluence zones, has bounced off previous ones as show below in this description, Ladder buys between the 10.5 and 10k area with a stop loss set at 9887 Sats, possible target is the 11.5k area MACD is Bearish RSI is the middle 50 MA is above price Look at the...
FIB Confluence zones, and with all this crap with bitcoin cash we could be seeing the final leg down, will be interesting to see how this plays out.
this trade has already happened, just keeping it for reference
Trailing Stop Loss 1st target - 597 reached 2nd target - 579 3rd target - 553 4th target - 537 5th target - 521 6th target - 498
I've been reading Fibonacci Analysis by Constance Brown and trying out her methods for shorting, The yellow Lines represent confluence between different FIB Ratios. The vertical lines represent the highs of the FIBS, all fibs started from the same low on the 17th September. The confluence (confluence is when multiple fib ratios overlap one another) line at...