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Atualizado

XMR/BTC showing weakness?

Looks like it's due for a correction..

Nota

Next stop green line...and eventually red?

Trade fechado manualmente

Decent trade, small profits, profits are profits. Closed for now, alts may do well in bitcoin weakness.

Nota

Back out at again due to the failure to remain above the blue line horizontal resistance. Starting to look like a bear flag/pennant:

While I'm bearish on bitcoin, alts in general may not due so well this time around, litecoin may steal their thunder.

Nota

Going back to the EW count in the beginning of the idea, I think this probably a more accurate count (1d chart zoomed in):

Why? Well this recent rally up looks more like a corrective wave, tough to justify a 5 wave impulsive pattern there. So this would make more sense.

Nota

Broke key support on the daily (green line)...looks like she's heading downtown. Red line next stop:

Nota

Trade closed for now, great trade, caught pretty much the whole trend down. Breaking back above resistance now, finally some volume came. Downtrend probably still not over, so may look to short again later, we’ll see.

Trade ativo

Honey Badger is about to go wild, people are quitting their jobs to trade alts, noobs running wild. Short, will probably add more if we happen to go higher.

Nota

Many getting bullish on xmr, but idk still seems bearish to me...

Nota

Closed on the break of black trendline on the daily, small loss.

Nota

Sold again when it appeared horizontal resistance on the daily would not hold, seems like an alt coin apocolapse today

Nota

This seems like an a-b-c correction up on the daily...

Nota

Heading downtown:

Nota

Looks like support on the daily is holding, trade closed

Nota

Sold again on the rejection of the .618 fib:

Bitcoin about to go parabolic IMO, alts will not keep up. If we break back above the .618 then OKAY.

Nota

Such alt doom much wow, slammed down again to support, 1d rsi meeting big support line, will this hold? If not this is going way downtown stay tuned:

Nota

Looks like this is going to break soon and fall off a cliff:

Nota

Broke down out of the descending triangle, and broke the .618 fib into the danger zone. Looks real ominous : )

Nota

Just adding this published chart:

Nota

This was a nice chart : )

ltc-joe

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