Im1056

Wave 2 Predictions

Short
OKCOIN:BTCUSDIDX   Bitcoin
I'm going to try to buck my trend of getting made a fool by BTC. Wave two should retrace 50%-65% of wave one. I'm keeping a tight stop loss on this one because I still think sub 7k is possible.

I was too quick to count out the bears losing volume on my last prediction and I think I was seeing what I wanted in the chart. To make matters worse, I forgot my chart was on log scale which caused me to set profit targets too high. I only cleared 10% but, I didn't take a loss and that's what's important.


Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.