rokistojnsek

rokistojnsek Updated 

BINANCE:VENBTC is trading in a correction within uptrend. I see two options... There could follow a new low between 62K and 63K sat. If there will be a support confirmed, we could see new all time high at 114828 sat. If the price breaks 81678 sat resistance, it's heading directly towards 427.20% fibo extension (114828 sat).

rokistojnsek Updated 

BITFINEX:BTCUSD is trading lower into wave IV of wave C. Possible support for reversal could be between 8000$ and 6900$.

rokistojnsek Updated 

After a strong bullish trend there is always to expect a corrective price action (flag, triangle, flat or other complex pattern). BITFINEX:ETHUSD is heading lower towards 500$. Current price is probably moving in wave (ii) of wave C.

rokistojnsek

Going short as expected ;)

rokistojnsek

Break of the trend line will confirm my previous seeing for the bears will become stronger. It's time to look for short opportunities.

rokistojnsek

I think bulls are exhousted, and the bears will get stronger next week. Shorting at this moment is not the best option, we have to wait that the price passes the red trend line and the lower low we had in the 4th corrective wawe last week.