Most likely planning on going short around $7,400 if we get it (Assuming price action still points down)
ETH and LTC both appear to have potentially finished. Could imply that we are about to reverse and head up, or everything is going to take a significant hit with BTC and fall much deeper than expected. Expecting that there could be some traps being laid out, so be aware of potential false breakouts to the downside or to the upside. Many are planning for an entry...
ETH appears to be done. Looks like it has potentially completed a five wave cycle. Waiting on confirmation from Bitcoin. If it isn't finished, it could mean that BTC is finished as well, or that it's going to move very quickly. I'll be keeping a tight eye on it. Pay attention to price action as well in the event of a dip. ETH smashed through the 1-1, BTC could...
The market is really taking its time. Lots of 3s. Might see a retest of $7,300 before coming down. Could make a scalpy short entry catching the top before we finish this cycle out.
1-2,1-2. Waiting on a 5 wave to the downside to enter long. 2 potential counts
Quiet day but I'm anticipating a pretty impulsive move tonight to finish out this structure. Looking to enter a heavy long position around $6,800-$7,000. Should make for a very solid long entry, expecting a strong correction to the upside. Towards the bottom of this cycle could get pretty violent, I'm anticipating a lot of people looking to get their long entries...
Bounced off the 1.618. If it fails to reverse here, we're quickly headed to $6,800-$7,000
I'm still short. Still looking for 3 waves down out of the previous expanded flat. Needs to be symmetrical to fit the structure. Only thing that makes me slightly doubtful is that the past 24 hours have seemed to be slightly impulsive. But trying to fit any wave structure seems almost contradictory. Seems much better as a correction. I'm still short but I urge...
What's your psychology? I'm confidently bearish until a retest of the low.
Hide your shorts. Hide your longs. They're coming for everybody out here.
Finding temporary support at the 1:1. If it doesn't reverse, target with be the 1.618-2 ($7,324-$7,266)
Hate having another day providing charts with so many different possibilities but the market isn't giving any hints about where things are headed. Massive structures so I'm anticipating a pretty big move. Ideally I'm shooting for the downside and opened a short position at $7,430 but I'll be keeping a tight watch on it and will most likely cut it if it breaks...
Potential short around $7500 depending on price action
GAINS. Nice play as of now. Just need it to follow through
Looks like a flat. Shorting with a tight stop