Let's pretend that $LTC has ended Wave 1 and bottomed Wave 2. If that's true, we are in buying zone before rally that could reach $600 area of even $900. I don't think if it happens, it will not a straight rally. So, patience..
Please be warned.. I exited my position in XRP.. This TA I made out of curiosity witnessing price soaring... I don't have any suggestion. Based on the wave cycle, it is possible at the end of Wave 3 which will be followed by a healthy correction (Wave 4) to three possible correction bottoms. This is the place BTFD traders usually opening their long. Again.. I...
Assuming there's no Wave 5 extension, here we're witnessing a rare occasion where EW count almost perfectly following EW guide count. If the price rebound from current level, which signalled by bearish divergence then we will go to Wave A correction.
The beast need to rest.. Let the RSI looks more healthy... we still have room for more discount...
Let's consider BCC/BCH is. I'm just thinking out of loud, as if I'm buying in the idea of flippening. Last dip off BCC has brought us to another wave, let's think we are entering Wave 3, which somebody said (I can't remember who said it) as the most profitable wave. Let's ride the wave and make profit.
if we break the flag, bull run continue to next TP
I'm booking partial profit from last dip scalp entry. it's a decent profit. if we go bullish, I still have some of it. we go down, I'm ready follow the flow
I have been watching ETHUSDT these past few days.. First, I can see it broke down trend line. Many good news in HF.. But, unfortunately Bitcoin's movement affecting Ethereum. But now we can see a promising candle around the neckline. Price floating above the green cloud, indicating re-inforced uptrend. If current price is healthy correction, it touches support...