$CRV I'm longing @ $0.797. Details incoming within an hour | Cold Blooded Charter on Binance Square

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Cold Blooded Charter

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Bullish

$CRV I'm longing @ $0.797.
Details incoming within an hour or so. 💙👽

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CRV

0.75

-3.37%

445

0

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Cold Blooded Charter

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These text-book BUTTERFLY harmonic patterns are very rare species and I have learnt the hard way to NEVER ever trade against them. I don't even wanna think how much money I lost over the years when I wasn't paying attention to them. They are just very very difficult to detect with a naked eye. So here, my gift to all my regular readers who are into TECHNICAL ANALYSIS: on trandingview you can switch on this indicator that detects them automatically once they appear. Use it. Costs you nothing, and don't ever go against them. You can even base your positions on them and turn good profit. $ETH was $4100+ on SEP 29 when I published the quoted post, it was not BULLISH yet and the BUTTERFLY by itself gave a LONG signal. Another weapon in your arsenal, and 99% of traders NEVER use it💙👽

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Close it. Care about your mental well being bro first, you cant trade in such a bad state of mind. It can get worse before it gets better👽💙

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Not a great start for my $CRV LONG ($0.797 entry yesterday) mainly due to the US markets correction today, I believe. There is a lot of support above my STOP LOSS ($0.695) including a GOLDEN POCKET support, a nicely curved-up 200 MA and a 2-month long, falling trendline (upper trendline of the FALLING WEDGE that broke out last Friday). So the position seems fine, as long as there is no massive crash in the markets, it should be safe. On this updated DAILY chart I applied one of my secret weapons, the bottom pane. It has flipped BULLISH again, and have a look at the two previous instances when that happened. I wonder how many of you guys can guess what the indicator is (not MACD). Massive respect if you answer correctly💙👽

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Quick update on my $BTC DOMINANCE (4-hour) chart analysis published earlier on. Everything has been going according to plan, except we didn't quite get the ideal scenario, the LOWER LOW and started WAVE B, which I call a DEAD CAT bounce. Dead cat bounces are short-lived and practically never extend above WAVE 5 tops (59.35% in this case), and right after there comes a deeper correction (WAVE C). This could be starting to happen any time soon, or has already started. This DEAD CAT on #bitcoindominance shouldn't go above 59.1% technically, only sometimes they do go above 0.618 Fib. WAVE C targets from here are: 58.67%, 58.56%, 58.29% and 57.87%. And that's the DREAM SCENARIO for our altcoin positions, so fingers crossed💙👽

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Good post, actually💙👽

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