orders staggered around 38 fib, with a tight SL, and additional orders place at bullish OB
orders staggered around the .61 fib retrace. SL below breaker.
orders layered throughout the block, heavy between .618 and .5
still in a bearish trend on HTF, looking to short this relief rally. entries at 6490 6514 6535 6550 6580 SL at 6635. TP at recent swing LO at 6080, reevaluate PA after orders hit to decide if intermediate TP is needed. twitter @thecryptopapi
what you gonna play ? W bottom ? Descending wedge? Inverse head and shoulders? Ascending Triangle ? Oversold RSI(on the daily...)? Bubble in the cloud ? quit crying on twitter and get back to work.
NOTE: I PULLED OUT THE CRYSTAL BALL ON THIS(I prefer to use a btc/eth pair but due to limited data i made a temporary exception) BINANCE:ICXUSD is at its previous bottom where it seen a nice bounce last time but stayed within the downtrend channel. I have been placing buy orders within the green bar, use your own judgment on stoploss. Limited trading data on...
With BTC BITSTAMP:BTCUSD on the rocks i sense an alt surge incoming. BITFINEX:ETHBTC is at a nice support level with a potential bounce off the EMA200/support. A good confirmation would be a break up from the descending wedge on the 1D chart.