kidze

$BTC double daily 13

COINBASE:BTCUSD   Bitcoin
Expecting price to react to this double Demark signal: sequential and combo 13. The combo especially have historically worked at predicting exhaustion after sharp price movements. I anticipate a short-term top for now.

Conservative trader might look for price flip to exit position. Or using my new indicator, exit the position when the low of the first red bar is broken.

Some Elliott Wave theorists point out that this is not the start of a bull run but in fact a bull trap movement, meaning we might dip lower than $28k. I will keep that scenario in mind.

I just exited a second 25% of my $DOGE position, still holding 50%.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.