Trader6127

Another Monster Counter-Cyclical Trade?

Panjang
Trader6127 Telah dikemas kini   
BITFINEX:BCHUSD   None
Will we have another life altering counter-cylical bounce? My dreams have come true with this coin many times before, RSI is bullish again, so a breach to the upside of the ascending wedge may provoke a nice rally :)

Don't forget we need this chart on our side:

As always, I'll be posting long and short trades.

Cheers and GLWT!
-Erik
Dagangan ditutup: sasaran tercapai:
MIN TP! Cheers! I'm waiting for the next pattern.
Komen:
Another 10%-15% today?
Komen:
RSI is making a sell signal now... a breach below the classic support will trigger selling.
Komen:
Hmmmm...doesnt look good for longs. Let's get ready to short:
Watch wave 1 support as its an area of confluence. Watch the EMA along with the trendline. Red box is the target.
Komen:
Breakout to the upside!
Komen:
Hmmmm, we are technically still in a downtrend with the lower low in the BTC chart and double top in the USD one.
Dagangan aktif:
WAHOO
Dagangan ditutup: sasaran tercapai:
FLAG TP REACHED!
Komen:
Bounce off the fibo resistance...consolidation time?
Komen:
RSI is making a sell signal now...
Komen:
HIT MID TP! BUT we are going higher with the channel breakout!
Komen:
Careful now...I see three waves in that super bullish channel. We are also kissing the top of the channel in the right chart.
Dagangan ditutup: sasaran tercapai:
Ok...now consolidation time?
Komen:
Yep, consolidation...
Komen:
Dagangan aktif:
Bounced off the pivot! You could wait for the BO
Komen:
Dagangan ditutup: hentian tercapai:
Caution, as we are trading below the trend line in the right chart.
Komen:
The USD chart is still bullish, but the BTC chart is now bearish. We hit the fibo extension in the BTC chart, so time for a rebound. This should give us 20-30% in the USD chart to hit the MAX TP.
Komen:
Lets finish this MONSTER TRADE or what?
Komen:
oUFF. At least we hit MIN and MID TP! CHeers! THread closed.
Penafian

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