mostly_george
Short

BTSBTC Short trade setup

POLONIEX:BTSBTC   BitShares / Bitcoin
BTS             will correct a bit after it broke out of the channel, forming corrective wave No 4, but it shouldn't get higher than D (3737)

Open trade : as near as you can to 3737
Target: 2500
Stop loss: a close after 3800


We're in a Double Zigzag correction : textbook form here http://www.elliottwave.net/educational/basictenets/basics_images/fig_13.gif
Trade ist aktiv: opening a trade at E
Trade ist aktiv: Adding to my short @ 3700 resistance . if it breaks, trade is cancelled.
Kommentar: I messed up the last chart.

Here is how it should look like
Kommentar:
Kommentar:
Kommentar:
If 6600 is the top of Wave 1, then Wave 2 can't reach 1600 as it would violate the Wave 2 rule
Antworten
at this point it will just follows btc moves until reversal near 7.8k. we might see 2800-3000 sats for the last time then i expect a btc reversal at 7.8k and alts will follow the uptrend.
Antworten
SimonMercier SimonMercier
@SimonMercier, yesterday dump seems like margin liquidation and still didnt made a lower low while btc see unprecedent dip, BTS doesnt show the lower lows pattern.
Antworten
mostly_george SimonMercier
@SimonMercier, looks like you're right. It mostly follows btc. But i still think we have another wave down to complete the A correction
Antworten
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Startseite Aktien-Screener Devisen Signal-Finder Kryptowährung Signal-Finder Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden