And i'm back !
Well that went fast for RVNBTC. 2 main short added to my actual position.
What to expect now ? Well, wave 4 MIGHT be done, if we push higher ( above 210 ) i will have to modify my EW a bit for the blue and red trend. But for now im confident we did a top at 209. RSI(21) on my TA is already hitting a good top with a bear div on every time frame.
So what are the next target IF WE DID end are wave 4 ( red ) at 209 ?
Target for a red wave 5:
100%fib = 150 sat
161%fib= 111sat
261%fib= 53sat
i am looking at the 161% fib lvl ( golden ratio for crypto very common target ) and also because it will more or less match the medium wave 3 ( blue ). Do a good brake down under the previous linear support around 140-150. Ase BTC keeping destroying ALTS/BTC pair on its way up.
Stay safe good trade !
Well that went fast for RVNBTC. 2 main short added to my actual position.
What to expect now ? Well, wave 4 MIGHT be done, if we push higher ( above 210 ) i will have to modify my EW a bit for the blue and red trend. But for now im confident we did a top at 209. RSI(21) on my TA is already hitting a good top with a bear div on every time frame.
So what are the next target IF WE DID end are wave 4 ( red ) at 209 ?
Target for a red wave 5:
100%fib = 150 sat
161%fib= 111sat
261%fib= 53sat
i am looking at the 161% fib lvl ( golden ratio for crypto very common target ) and also because it will more or less match the medium wave 3 ( blue ). Do a good brake down under the previous linear support around 140-150. Ase BTC keeping destroying ALTS/BTC pair on its way up.
Stay safe good trade !
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.