Morning Team! $btc Looks to have completed an impulsive move down, meaning after this retracement up to the 0.618 (low 9000& #39;s), we can reasonably expect another 5 wave move down to at least the channel bottom. Potential channels line up nice too.
#btc
https://abs.twimg.com/hashflags... draggable="false" alt=""> #bitcoin
https://abs.twimg.com/hashflags... draggable="false" alt=""> $xrp #xrp
#btc
Morning Team! Tapping the top of the channel and 0.618. Good risk to reward of 5.6:1 on this short with stops above the 0.786 fib. $btc #btc
https://abs.twimg.com/hashflags... draggable="false" alt=""> #bitcoin
https://abs.twimg.com/hashflags... draggable="false" alt=""> $xrp #xrp
Ok Team! quick update as Kraken is slightly different.
Still currently short with about 50% of my spend but moved my stop right down as I would have expected an impulsive down by now. It& #39;s likely we& #39;ll get a better entry higher if we don& #39;t go soon. $btc #btc
https://abs.twimg.com/hashflags... draggable="false" alt=""> #bitcoin
https://abs.twimg.com/hashflags... draggable="false" alt=""> $xrp #xrp
Still currently short with about 50% of my spend but moved my stop right down as I would have expected an impulsive down by now. It& #39;s likely we& #39;ll get a better entry higher if we don& #39;t go soon. $btc #btc