JunkedUpTrader

Technical Analyst and #Crypto Day Trader. This is not financial advice, only my opinion and view of the market.

[JunkedUpTrader @FranckFromentin]

My personal road map to successful trading that i need to follow:
1) Never play a position size too big
2) Always set a stop loss
3) Close position after 1-2% gain (scalping only, no swing)
4) DO NOT BE GREEDY

Consistency, patience, and dedication will be key to reach my goal

[JunkedUpTrader @FranckFromentin]

@PhilakoneCrypto You're the best Phil, best of luck in Turkey! TBJt9jnA27JgaJoJBBz5s4WCM8k64VujTE

[JunkedUpTrader @FranckFromentin]

$BTC The bounces we are having have no follow through. Bearish on all major timeframes. I'll be surprised if we break to the upside. #bitcoin #crypto

[JunkedUpTrader @FranckFromentin]

@jd33441 Thanks - Just make sure you manage your stop loss well. We just got a death cross on the 4H chart, pressure to the downside is real and we'll need lots of buying volume to get a solid bounce.

[JunkedUpTrader @FranckFromentin]

$BTC A great trade setup is coming up soon. Great reward for little risk. #bitcoin #crypto #trading

[JunkedUpTrader @FranckFromentin]

@jd33441 Just don't forget to put a tight stop loss

[JunkedUpTrader @FranckFromentin]

$BTC Because I see 5 clear waves, I believe we are about to finish the A wave of the bigger correction up.

[JunkedUpTrader @FranckFromentin]

$BTC Looks like the 5 waves down are in and that $9000 was a local bottom. Was it the end of the correction? Hell no. Therefore this is my EW count which foresees another 5 waves down after a nice bounce to $10,500-$11,000. #bitcoin #crypto

[JunkedUpTrader @FranckFromentin]

$BTC updated EW count as follows. This is a general roadmap and dollar amounts won't be exact. #bitcoin #crypto

[JunkedUpTrader @FranckFromentin]

$BTC The 55 EMA is acting as major resistance unable to close above it. The instant we do, expect a move towards $12K. Otherwise, we're going back towards 9.5K (weekends are usually bullish though) #bitcoin #crypto

[JunkedUpTrader @FranckFromentin]

$BTC It seems bots and algos are using the 0.786 fib retracement a lot lately and has been great to catch wicks. We already sold off 50% of yesterday's pump... Not good #bitcoin #crypto

[JunkedUpTrader @FranckFromentin]

@cryptotimal I'm just experienced with EW just like you are experienced with ichimoku :) Whatever works for you

[JunkedUpTrader @FranckFromentin]

$BTC Always feel good catching a wick 5min before a $1000+ pump. People say Eliott waves may be subjective but i find them incredibly useful sometimes. We were bound to have this pump after 5 major waves down. #crypto #bitcoin

[JunkedUpTrader @FranckFromentin]

@cryptotimal Classic abc correction from 5 major waves down to the 0.382% fib retracement is to be expected

[JunkedUpTrader @FranckFromentin]

$LTC Litecoin down 50% in less than a month, and now up 20% in the last 2 hours only. I feel like this market is a joke sometimes...

[JunkedUpTrader @FranckFromentin]

$BTC dominance hit my 69% target. Looks like we hit a local top with clear bearish divergence and that we will go down from there. It could be time for altcoins to recup some of their major losses. #bitcoin #altcoins #crypto

[JunkedUpTrader @FranckFromentin]

The $BTC market dominance is currently at resistance at 65% but it looks bullish. If we can close a weekly candle above the resistance, I won't be too sure about an alt season anytime soon... #bitcoin #crypto

[JunkedUpTrader @FranckFromentin]

$BTC dominance still climbing with 69% target which would coincide with the bull run continuing. RIP altcoins. #bitcoin #crypto

[JunkedUpTrader @FranckFromentin]

$BTC From an Eliott Wave perspective, could the end of the crash be as early as end of this month? #bitcoin #crypto

[JunkedUpTrader @FranckFromentin]

$BTC I am glad we are dumping this fast. The faster we dump, the faster the next bull run can start. It could be possible to see $20K before year end.

[JunkedUpTrader @FranckFromentin]

$BTC Range bound between daily 21 and 55 EMA. An open and close candle outside this range will most likely determine the next short term trend. #bitcoin #crypto

[JunkedUpTrader @FranckFromentin]

@jd33441 His briefing is irrelevant to the price action in my opinion. The bounce already happened earlier and nothing happened after Trump's tweet. Bitcoin doesn't give a f*** :)

[JunkedUpTrader @FranckFromentin]

$BTC Solid $1000 bounce from the recent low of $9850. I believe the bounce still has more juice to it. This bounce oddly resembles our previous bounce... #bitcoin #crypto