I have been in USDT during this downtrend. Looking at the 4 hour we seem to have corrected. If you look back on the BTC chart during corrections. It loves the pattern known as Adam Eve. You can read about it here. thepatternsite.com/aedb.html It is a useful pattern to learn. Once you learn it you are able to spot it and make long plays. They dont always come off, but are a good indicator of a trend change. My target is shown on the chart and will re-evaluate whether to stay in BTC or change back to USDT at this point.
Komentarz:
BCH has the same pattern, with a better return.
Komentarz:
BTC seems to be breaking down. Going to close my long and wait for this fuker to bottom properly.
Komentarz:
A good example of the adam eve pattern working.