Guys!
From the time I call for short-term temporary bottom, by now you should have made at least 6 to 7 % in BTC even you do spot trade. However, as I mentioned in my past post I have traded with leverage on Altcoin based on BTC pattern. I have closed all my trades now with profit.
But what next? --- BTC exactly hit 28.3k as I mentioned.
Currently in Renko 4H timeframe - Traditional box size remain 150 and stoch rsi has touched the overbought zone 100. Meaning there will be a retracement.
Higher timeframe Renko 1D timeframe - Traditional box size remain 450 and stoch rsi started to touch 100 but expected shadow bricks to upside meaning that price may likely retest 28.4k or even beyond 28.4k or close to 30k but I can't tell now 1D timeframe has no confirmation.
For weekly timeframe - Renko traditonal brick size remain at 1250 and stoch rsi and other indicators are still pointing down and wave trend divergence indicator almost crossing bearish.
So I still expect there will be another correction. Base on my percentage measurement, the correction could be around 23k to 19k region, I can't tell exactly now.
Currently I have entered short trade with 3x leverage and I will keep on adding position if price still going up. Good luck guys. I will keep you updated. I was too busy.
My previous post:
From the time I call for short-term temporary bottom, by now you should have made at least 6 to 7 % in BTC even you do spot trade. However, as I mentioned in my past post I have traded with leverage on Altcoin based on BTC pattern. I have closed all my trades now with profit.
But what next? --- BTC exactly hit 28.3k as I mentioned.
Currently in Renko 4H timeframe - Traditional box size remain 150 and stoch rsi has touched the overbought zone 100. Meaning there will be a retracement.
Higher timeframe Renko 1D timeframe - Traditional box size remain 450 and stoch rsi started to touch 100 but expected shadow bricks to upside meaning that price may likely retest 28.4k or even beyond 28.4k or close to 30k but I can't tell now 1D timeframe has no confirmation.
For weekly timeframe - Renko traditonal brick size remain at 1250 and stoch rsi and other indicators are still pointing down and wave trend divergence indicator almost crossing bearish.
So I still expect there will be another correction. Base on my percentage measurement, the correction could be around 23k to 19k region, I can't tell exactly now.
Currently I have entered short trade with 3x leverage and I will keep on adding position if price still going up. Good luck guys. I will keep you updated. I was too busy.
My previous post:
