BTC scalp: bottom at 8850 ?

COINBASE:BTCUSD15

Bitcoin / United States DollarCoinbase

Description

⋅ May 9, 2018 8:00 AM

My fibs say 8850 possible shortly.
If so, then it should be end of down wave.

Order cancelled

⋅ May 9, 2018 11:14 AM

That was a dud, btc is in BULL mode.
So maybe my 104-10.6k target is looking better now

Comment

⋅ May 11, 2018 7:04 AM

Sometimes you just gotta wait I guess.
I think this ABC correction is almost done.
Watching for clues of exhausted sellers.

Trend Analysis Wave Analysis

Comments

darkandblue

⋅ May 11, 2018 7:13 AM

I think we still have room to go down to 50% retracement and 1:1 A:C extention

EuroMotif

⋅ May 11, 2018 7:15 AM

@retiringsoon1, Hmm, yeah I could see that happening, will study

darkandblue

⋅ May 11, 2018 7:21 AM

@euromotives, i am not clear on the subcounts of wave C yet,still on ipad and it is hard to see there.

acyvas

⋅ May 9, 2018 9:27 AM

@euromotives What is your entry strategy for shorts?

EuroMotif

⋅ May 9, 2018 9:30 AM

@acyvas, Hi. I dont actually short, only buy btc or sell some at good peaks. but 'sell' I guess is shorting. All my entries and exits are ''laddered'' so I might put in 10 orders to sell my position, clumping them around prices that I think are key. Same with buying. I believe in the adage 'never go all in or all out'....