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RE: Bitcoin (BTC) Morning Update: Alternate Count was Executed Precisely!

in #bitcoin7 years ago (edited)

I'll share my limited knowledge. What do they say about knowledge? Having just enough to be dangerous? lol I'm trying to figure out if this is an ending diaganal on the larger scale. If so, I'm thinking the revised target would be around $14,500 using the width of the diaganal as the guide.

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OK Scratch that! Now I'm seeing something delicious on the larger scale! :) This is going to take a while to play out.

Well they did it. A flash crash to 14K and then a bounce. lol. Now that the futures market is open it is reminding me very much of trying to trade during the financial crisis. Every time you thought the chart was telling you exactly what to do, it would get jerked in the opposite direction blowing out everybody's stops.

I've got my BTC parked and I'm just going to sit on it. I can't actually day trade this wild west nonsense nor do I want to. For those who can, good on you. I'll just watch for now......

I'm not exactly day trading but sometimes when I'm pretty sure, I'll be week-trading, that is once a week and otherwise hodle. it galls me when I buy at 16500 and then it dips lower - that shouldn't be allowed ;)

That's a total foul. I'd call for an instant replay and get that overturned right now!

That 'cause it could be a larger wave 2 ?? wave 3 up next