If you're new in the game,and you are interested in my plan, check out my previous analysis :
BTC fractal analysis! bigger correction is comming ? Altcoin session is comming !! BTC Crypto Hype - MA fight !! BTC Crypto Hype II - Fractal play !!
As I have mentioned before, I believe that the BTC rally has come to an end, at least for this summer .
The rally ended at 65k at the 2,618 (from 20k - 3k, correction of the 2017 rally) and dumped to 47k, the 1,618 From here we saw a strong bounce, how else could it be, to 618 of the previous move. the mass was bullish again, the bulltrap was set. will continue to trade the 618 game until it fails.
After the next correction I will go SHORT. Target in the chart
I would like to mention that all I post are just options and my own opinion ! Always trade with SL, and do not risk more than 1% of your portfolio (max 3%) per trade. Discipline is the key to success !
Unfortunately, my english is not so good and I work with google translate, but if you have any questions I will be happy to answer them .
If you like my posts smash the like button, comment or follow me. Dyor an trade save !
@sirK3, with pleasure..but the short trade is very risky, i trade against an iv H&S. you are in a btc trade ?
FeederGastro
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@TR7z, I stepped out and got into XRP, but honestly I'm in the woods lately, I have no idea where the chart can go and I made couple of bad decisions...
Would you consider creating an XRP chart? I'd be really grateful
TR7z
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@sirK3, IMO, unfortunately, I have no time for new posts. I take profit from my alt trades and put the rest on breakeven