That moment you realize it's only been 3 days. Never had to work so hard just to keep the TA going, but then again, the swings are huge. Thinking of increasing TA time frame, seems fractal enough.
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BTC broke toward the 40% prob. thus adjusting probability of trend to continue down at 60%. Eg. a retest up and then continuation down. NTS still a 40% prob. it may turn here and touch the upper channel with a reward to risk at 14/21 up and 7/21 down. cheers. be safe, don’t be a reckless hero with your own money. And get sleep.
Komentar:
BTC: max reward reached, squeezing all there was from the (yellow) wedge. Bias still remains cautious at the top of 10,100-11,100 range. next boundaries are 11800 and 10,100. Breach of either boundaries would warrant changing bias to support corresponding bullish of bearish sentiment. Retracing either, without breaching into the present range would add to the EW count respectively; (1/3) of 5 up, and (3/5) of 5 down. Expecting the volatility to increase from 7% to 15% to support this hypothesis. Time frame for stops is now up to 12hr to account for potential risks of counter-moves.
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IOTA failed to reach 2.10 resistance range boundary. approaching pivot now looking to retest lower range @ 1.60. Holding range swing @ 25% with pivot at 1.80
Komentar:
ETH remains stable with a range of 10%. Continues to complete the triangle with low volatility. Down to 835 is regarded within range but retest 810 is precarious and warrants extreme caution for other ALTs as ETH has lagged in amplitude.