DBA – closed Friday in my green target box On 1 March 2019 I posted a bullish chart (below) and noted that it has completed a corrective structure that started at the $43.50 top in February 2008. On march 1st I wrote: “DBA is hitting a cluster of three different Read more…
BTC – this rally look corrective My short-term bearish view on Bitcoin has not changed. I still think that in order to complete a corrective wave ii down we need to get the final drop to 3600sh neighborhood. The rally that started off the low in late February looks corrective. Read more…
Bitcoin has finally spiked into my green target box In my previous post published yesterday I tried to calm down bulls. We got one more nominal low even though the micro structure had looked very completed. That last move down came as a spike and immediately got bought out. It’s Read more…
Bitcoin – that one more low does not change my picture On 13 January 2019 I posted a chart with a green target box where a corrective wave b down should land. That target box was located in between 3,529-3,427-3,380. During the following two days Bitcoin could drop only to Read more…