Thank for viewing,
Just a quick one to note that the present impulse move seems to be drawing to a close. The red box represents the area where I will be exiting - I don't imagine much will be left on the table.
I didn't go long on BTC but went long on ADA, ETH, and XRP a few days ago, and managed to nab most of this move (so far). But, when big daddy BTC corrects, so will everything else.
Don't call me a bear, bears don't go long. This isn't FUD. After exiting, I will be looking for a new entry point as I believe the impulse move (from $3200 to present) may only be the first move of a strong wave C correction that will retrace a significant portion of the price drop since mid November. While this bounce is good to see, I would expect bigger bounce is called for as the shorts get liquidated. I am not shorting BTC - except in a paper trade on Think or Swim (the re box will be my short order laddering zone).
Preserve those funds and enjoy.
Just a quick one to note that the present impulse move seems to be drawing to a close. The red box represents the area where I will be exiting - I don't imagine much will be left on the table.
I didn't go long on BTC but went long on ADA, ETH, and XRP a few days ago, and managed to nab most of this move (so far). But, when big daddy BTC corrects, so will everything else.
Don't call me a bear, bears don't go long. This isn't FUD. After exiting, I will be looking for a new entry point as I believe the impulse move (from $3200 to present) may only be the first move of a strong wave C correction that will retrace a significant portion of the price drop since mid November. While this bounce is good to see, I would expect bigger bounce is called for as the shorts get liquidated. I am not shorting BTC - except in a paper trade on Think or Swim (the re box will be my short order laddering zone).
Preserve those funds and enjoy.
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.
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.