Hi all, friends.
Yesterday I took a break from publishing trading plans, based on the lack of any significant changes in the crypto derivatives market.
Many skeptics who confidently believed in the renewal minimum were among those who were liquidated not long before the bull rally began.
The upward movement of the BTC price is strange and leads to some thoughts.And, I edited the markup of the wave levels according to the current dynamics and my market intuition.
In the main scenario, I see the upside move as a complicated WXY correction, after which I would look for levels to dial in a short position.
In an alternate scenario, I see the upward move up from the $18900 level as a group of first waves; as a result, the price move up could accelerate very sharply, leading to a medium-term reversal.
The long positions I opened a few days ago have already begun to close partially. I will be consider opening short positions if my trading hypotheses are confirmed by wave models on BTC and ETH.
Best Regards, CEO Tornado Capital
Yesterday I took a break from publishing trading plans, based on the lack of any significant changes in the crypto derivatives market.
Many skeptics who confidently believed in the renewal minimum were among those who were liquidated not long before the bull rally began.
The upward movement of the BTC price is strange and leads to some thoughts.And, I edited the markup of the wave levels according to the current dynamics and my market intuition.
In the main scenario, I see the upside move as a complicated WXY correction, after which I would look for levels to dial in a short position.
In an alternate scenario, I see the upward move up from the $18900 level as a group of first waves; as a result, the price move up could accelerate very sharply, leading to a medium-term reversal.
The long positions I opened a few days ago have already begun to close partially. I will be consider opening short positions if my trading hypotheses are confirmed by wave models on BTC and ETH.
Best Regards, CEO Tornado Capital
