Classic cup and handle pattern has formed. Volume breakouts at critical places confirm the pattern
Based on the size, it should send this up to 591.91 (fib 1.272)
Based on the size, it should send this up to 591.91 (fib 1.272)
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TP target in this TA:
交易开始
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some consolidation in this range is expected before next legs up
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bullish pennant on 4H:
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coiling action:
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Forgot to add, $BTG is done with the ABC correction (EW patterns).
I don't usually apply EW analysis, but is clear here.
Red PSAR = A
Green PSAR = B
Red PSAR = C
This leg should range a bit before moving up.
I don't usually apply EW analysis, but is clear here.
Red PSAR = A
Green PSAR = B
Red PSAR = C
This leg should range a bit before moving up.
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The bitcoin hedge is real. Here's the comparison:
交易手动结束:
not interested in hedging against BTC at the moment, due to strong price action.
will revisit this trade during the multi-month bear season
will revisit this trade during the multi-month bear season
