XMR/BTC showing weakness?

Looks like it's due for a correction..

註釋

Next stop green line...and eventually red?

手動結束交易

Decent trade, small profits, profits are profits. Closed for now, alts may do well in bitcoin weakness.

註釋

Back out at again due to the failure to remain above the blue line horizontal resistance. Starting to look like a bear flag/pennant:

While I'm bearish on bitcoin, alts in general may not due so well this time around, litecoin may steal their thunder.

註釋

Going back to the EW count in the beginning of the idea, I think this probably a more accurate count (1d chart zoomed in):

Why? Well this recent rally up looks more like a corrective wave, tough to justify a 5 wave impulsive pattern there. So this would make more sense.

註釋

Broke key support on the daily (green line)...looks like she's heading downtown. Red line next stop:

註釋

Trade closed for now, great trade, caught pretty much the whole trend down. Breaking back above resistance now, finally some volume came. Downtrend probably still not over, so may look to short again later, we’ll see.

交易進行

Honey Badger is about to go wild, people are quitting their jobs to trade alts, noobs running wild. Short, will probably add more if we happen to go higher.