MyCryptosTrader

$WTC going to bounce on the .786 FIB?

לונג
MyCryptosTrader מעודכן   
BINANCE:WTCBTC   None
Not sure if there is anything to this...

  • I put a retracement position in to be filled between .618 and .786 when it was at the top. Order has filled.
  • Will keep a close on this one. $WTC is known to make some quick runs. Stop loss set at Wave 1 starting point.
  • If it does bounce... I put two extension targets out there at 1 and 1.618
הערה:
Let's see... looks like a start to a bounce. MACD and RSI showing positive signs.
הערה:
Looks to be nearing top of the 1st wave within the inner 3rd wave. Both 1 and 1.618 extensions plotted. RSI line I have (in purple) is too early to finalize yet as I need wave 2 to complete.

Therefore, just estimated for now. Still early for a true confirmation but things are heading in the right direction. I tend to take my long positions towards bottom of Wave 2 so that I have insight from Wave 1 to work with.

העסקה בוטלה באופן ידני:
Been away from the computer for most of the day. My stop loss was activated and took me out of this position with very little loss. Can't win them all...

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