Abraca-Jasmy

Jasmy could be looking to reclaim some lost territory in the short-term. Volume showing clear demand predominance as supply shrinks in the intra-channel pullbacks. Let's see where it goes. I wouldn't hold past 2.0%, being still in a BTC countertrend. It's like climbing a house of paper cards; take the money and run before the windstorm comes.

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Trade active:

low volume still on the pullbacks

Trade closed: target reached:

.618 Fibonacci reached and limit sold for a quick 4.49% gain. That's what you need to do on these countertrend momentum plays, or otherwise you'll lose everything. It's what I teach. We could've held it further, but why take the chance. On to the next swing!