What is up everyone? Hope you have a relaxed weekend sitting on your hands according to plan and great profits coming your way.
As stated in the previous post, $STEEM is already moving. You can see the original call here:
https://steemit.com/steemit/@beindependentbb/72-we-back
This is a post to put you up to date with the setup's progress. As you can see, we were looking at the following fractal entry which unfortunately broke down due to Bitcoin's price action:
At the same time, another setup was formed which seems to have been the fractal entry in the end:
Below you can find the trade's progress, returning to the funnel region as often seen in HVF's and bouncing from its region.
The road up is still long however so buckle up!
In case you don't know what a HVF is, check out the post where I go over the basis of HVF Theory and what characteristics of price behavior I am looking for on a chart:
https://steemit.com/trading/@beindependentbb/19-what-is-the-hunt-volatility-funnel-hvf
Disclaimer: Cryptocurrency trading is highly speculative in nature which can mean currency prices may become extremely volatile. Cryptocurrency trading carries a high level of risk and may not be suitable for all investors. It is possible that you will sustain a loss of some or all of your initial investment so never risk capital that you cannot afford to lose. You acknowledge and agree that no promise or guarantee of success or profitability has been made between you and BeIndependent [bit by bit].
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