Dash Crypto Market real time update 5 30 17 5:46 PM EST

This site is for informational and entertainment purposes only and not in any way intended to be investment or trading advice.  You are 100% responsible for your financial decisions at all times.  It is highly recommended you DO NOT  make any investment or trading decisions depending upon what you read on this blog/newsletter

NOTE:  Important to keep searching for clues on direction of overall market, as it’s been moving together for some time.  Market is built (manipulated) to keep most people guessing WRONG.  When you see outlier patterns like ETH breaking out you want to find an explanation that can lead to high probability trades for all crypto.

As noted in prior posts, most correction targets have been hit for most key crypto. Is ETH ‘s breaking out of it’s  ABC correction pattern a clue we need to change the wave count and we’re going for a 7th (or higher) wave up for all crypto?  Or is ETH going to fall hard? Or just pull away and leave all other cryto in correction?

As of now there is no clear edge for bulls or bears (even ETH has bearish signs), BUT — if the following analysis proves accurate — watch for “can’t lose up market” for all crypto to show up over next week or two and decide how you might trade it.

One more note- nothing wrong with staying on the sidelines – either way there will be entries. Nothing wrong with scaling in if you are comfortable with ST IT or LT game plan per your trading strategy because prices can fall or rise a lot from here.

dash 5 30 17 real time

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s