BTC down to test 6850-6650 first.

3 juin 20181.) The Daily RSI hasn't been retested for divergence
2.) We bounced from 7050 without a retest
3.) there is still room to fall within this symmetrical triangle
4.) Low volume push

I'll be shorting in this general area

3 juin 2018

Commentaire

Also, If any noobs are reading this (similar to myself)- my advice is to not let yourself be swayed by the opinions of overly-emotional traders (who happen to often be the top authors). Their self-marketing emotional language they use to suck people into reading their charts is too often the same emotion that leads to bad trades and/or wrong predictions.

4 juin 2018

Commentaire

I still feel BTC will make another leg up for our safe shorty entry back to <7k

1.) Alts seem as though they will make an anticipated bounce based on ichimokou





2.) BTC still needs some 4hr bearish divergence

5 juin 2018

Commentaire

Things are going according to plan thus far,

1.) BTC spiked back into the 4hr cloud and opened a 4hr candle inside the cloud, indicating a *potential* final push to the orange box before going down to <7k

6 juin 2018

Commentaire

Shorting here with a tight-stop at the previous high.

6 juin 2018

Transaction en cours

Theres a good chance it will go higher, hence only low lev for this (3x)

6 juin 2018

Trade fermée: ordre d’arrêt atteint

stopped at breakeven

10 juin 2018

Commentaire

Things are sailing smoothly, didn't open a short unfortunately. Oh well, we'll get it on the bounce.

Now as for where it will bounce, i believe it will go towards the orange box, AKA between the 0.883 zones for this wave and the previous, there is a large accumulation cluster as well for confluence.

People are calling for a bounce at 6k. Its possible, however I'm expecting the daily RSI to diverge at the 6.9k-6.6k range. The lowest it'll go is 6500-6430 before a bounce. Keep your eyes peeled for the daily rsi divergence.

I'm then expecting it to rise to retest the ichimokou cloud before either a breakdown or breakout.