bartekhl

Final nest of lows cascade started?

Long
BITSTAMP:BTCUSD   Bitcoin
Today we saw a very dramatic decline in the #BTC value.
Interestingly it occurred precisely at the date we had had marked expected as 'nest of lows' date to happen - lows of many synchronised bands up to 10M - 20M cycle.
Whatever the drop value is going to be - we should not expect any longer drama drop imo.
However the highway up might be strong and fast;]

We open small UNLEVERAGED longs
Next weeks will give us confirmation wether our phasing analysis model is working so well.
Shall we get that confirmation early - lets hope to be the first bulls for the real run.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.