Short BTCUSD opportunity Elliot Wave

Target for short TP & stop are listed at $10,255 and $9,142 respectively.


Market volatility == high

Volume suggests a further continuation of this selloff; so keep an eye on those two figures if you’re looking for a short opportunity.

Disclaimer

Not financial advise

• -@a1mTarabichi
  

Komentarz:

Cup & Handle indicating that (IMHO) volume will break its downtrend and we should see some sort of consolidation; especially when the Asian Markets open 3AM-6AM EST

Transakcja zamknięta: osiągnięto wyznaczony cel:

I didn’t have time to update— if you didn’t sell this morning you missed your short opportunity and I would consider selling soon as another pending selloff is set to take place

Zlecenie aktywne:

Ahh the volatility of $BTCUSD never ceases to amaze me.

Massive volume spike indicating further consolidation pending

Zlecenie aktywne:

TP1 & 2 For short listed

If you held good for you. I shorted and rebought; admittedly FUD selling but it happens—Follow the volume and indicators and in a market this volatile anybody that tells you they’re 100% accurate is fooling themselves and you know the risk/reward seems to be a permeable entry.

Please remember to read all disclaimers

-@a1mTarabichi

Transakcja zamknięta: osiągnięto wyznaczony cel:

TP1 for short reached earlier.

Trade closed on this entry.

Komentarz:

Trade officially closes at 9.8K short after re adjustment.

Timeframe: 72Hrs