Hello, everyone!
Yesterday I closed long trade at the entry just before this dump. It was good decision, but it looks like I missed short again. The reason is the shortened wave 5. I feeled that something is going wrong with this wave, but supposed that it could be the wave 4 represented as a flat corretion.
Now
BTCUSDT is showing us that it still can be the corretive wave 4 because critical level was not broken, but I think price will do it. Therefore I consider here the shortened wave 5. It means the dump to 
23K has been started and I am going to open short on the potential bounce in wave 2 to 0.61 Fibonacci retracement level.
Best regards, Ivan
_________________________________
🔥Follow me and never miss update🔥
Yesterday I closed long trade at the entry just before this dump. It was good decision, but it looks like I missed short again. The reason is the shortened wave 5. I feeled that something is going wrong with this wave, but supposed that it could be the wave 4 represented as a flat corretion.
Now
BTCUSDT is showing us that it still can be the corretive wave 4 because critical level was not broken, but I think price will do it. Therefore I consider here the shortened wave 5. It means the dump to 23K has been started and I am going to open short on the potential bounce in wave 2 to 0.61 Fibonacci retracement level.Best regards, Ivan
_________________________________
🔥Follow me and never miss update🔥
Access private PineScript strategies and turn alerts into orders with easy-to-set up bots
Trade smarter with:
skyrexio.com
Trade smarter with:
skyrexio.com
Related publications
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.
Access private PineScript strategies and turn alerts into orders with easy-to-set up bots
Trade smarter with:
skyrexio.com
Trade smarter with:
skyrexio.com
Related publications
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.