Plenty of V shaped rebound trading opps next hours on BTCUSD as 2200 is tested. Elliott wave, MACD 15m and 30m plus Fibonicci Retracement is your friend to find R/S levels. Overall still in a huge correction wave possibly down to 1860 with a battle at 2200 for a while.
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ALL timespan MACD says sell and now piercing through the 2200 it seems... this is reeeeally exciting lets see if it bounces or not
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I closed my short from 2700 at 2140 and am now swing trading a bit expecting multiple massive waves down to 1860 with of course some hands on stop losses should the market not be in panic mode... but it will stay in panic now that it seems 2200 has been breached.
My buy limit is at 2080 and my sell at 2155 just to play a little. Adrenaline. But lets see if I can catch the swing train downwards
My buy limit is at 2080 and my sell at 2155 just to play a little. Adrenaline. But lets see if I can catch the swing train downwards
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I shorted again at 2420 about and here's whats going on:
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After closing my 2700 short down at 2200 and then trading a bit on the volatility on the rebounce from 21-2200 last big V (from a month back) I now took a short from 2420 with a stop at 2470 and limit will prob be 21-2200 as I think the last big V back from a month ago is really strong support combined with this being the last leg of Elliot going down, follow here: