₦airaland Forum

jedisco:
I started building a new medium term position on xrp during this dip... Got some at 1.26...

It's been cooling off for a while and with xlm showing strength, wouldn't ve surprised it picks up in the coming weeks... Another major I'm looking at is link and xtz...

Also, the dot/uni/aave/ksm group which rallied in January/Feb this year and have been ranging since seem to have started picking up

jedisco:
Glad I got into this position... It looks to be revving it's cylinders.... Hopefully, it doesn't collapse under the Betece pressure.... Once betece settles, it should make a runner...

If xrp makes a runner, I'd look to cut some around 2 dolls and perhaps bid a retest of 1.6...

jedisco:
Betece dips can be a good time to target strong coyns which have just broken out of consolidation range but are forced to retest support as betece corrects... Usually, they'd continue their upward trajectory once the correction is complete, they run fast...
Recent breakouts have been aave, dot, ksm and atom.

On Atom, an entry between 24-25 should be one to keep for sometime.


On ada, I took some off at 2.45....
It's hyperextended from the 1hr abd 4hr support... Will look to buy back close to support... I don't believe it's rally is near finished..just looking to compound profits... Same with xlm...took some off at 0.78

jedisco:
On the breakout group, I went with aave and it's had a nice bounce so far...... Still think the others are equally as hot

I'd look to cut some of my Aave around 700 if it gets there... Don't think the top is in, but in these market conditions, I like having firepower and would be bidding 580-600 for a repeat

On betece....
I've attached 2 charts which contain same untouched trendlines from my January post... First is a daily chart which also shows the RSI has been making lower highs and lower lows for sometime now... 2nd is a 4hr chart which sheds more light on recent PA

Lets see the bullish vs bearish case...

Bullish case:
1. Betece held the 21 week EMA last week despite the selloff
2. Both 4hrly and daily RSI are bottoming with the 4hr already in oversold territory... Good also is that they are forming bullish divergence so far
3. The hash ribbons (shared here a while back) which is quite an accurate indicator has already printed a capitulation signal, soon enough, it'd print a buy signal which would signifiy a good opportunity
4. Market is extremely bearish currently- though not a technical reason, I'd be surprised betece dumps thru 40k straightaway without at least getting a relief rally considering market sentiment

Bearish case:
1. Betece has lost the diagonal support (see attached charts)... While this can be a fakeout, what happens when it gets to retest that trendline would be significant. For a support that has held for long, loosing it proper would mean significant downside..

2. Though the daily RSI is at bottom, there's still some room to go lower into the oversold territory...

3. With repeated rejection off 60k, betece has to find proper support where new buyers are willing to go all in... Below 40k has lots of support clusters and would be a sweet area for new money.

In summary, there are good reasons to support either scenario.... But personally, I wouldn't be selling betece into an RSI that looks that way now.... I'm playing this bullish and would be adding on dips and targeting the 49.5 k region to reduce exposure and re-evaluate. If things nuke, so be it

jedisco:
Typically, I dont share charts but I'd share this time.
People draw and interpret then in different ways but once one works for you, stick to it...

One of the reasons I wasn't as perturbed with this drop was when I looked at my chart.

These charts extend back to the March crash. It exited that channel thru the top, got into another, exited it and is currently testing the top of that channel as support.
The pattern on link and eith is fascinating. They seem to have a certain relationship with betece.

There are two charts there, one is the daily chart (second) and the other a 4hrly chart (1st and 3rd pix). The 4hrly chart is to zoom in and see how price action works.

For those looking at learning to chart, take note of two things there

1. On the 4hrly chart, look at that candle that crossed the trendline. It's whats called a hammer or dragonfly doji. When you see that printed at a strong support, then you can relax... It signifies a trend reversal and that buyers are significantly present. The opposite is called a gravestone doji. You see that printed at resistance, take your money and run.

2. Second one also on the 4hrly chart is what just printed... it's called a double bottom. To me, it's a powerful patterns in trading. You see it when a tend reverse and usually confirms an area as support. The opposite is a double top.

It's worth checking these up online and observing them in charts. Also worth looking at 'head and shoulder' pattern.

Also note that the higher the time the pattern is printed, tge more stronger it is. I.e a hammer on a daily chart would supercede an opposing pattern on a 4hrly chart...


Now to projections; in trading nothing is certain, but as a trader, you have to plan your trade and trade your plan. The reason I didn't post this earlier was cos I wanted the daily candle (which also ends the monthly candle) to print. The next major resistance is the 35k level and to a lesser extent the 38k level. If we take these, then we should move out of this range. Exiting this range (i.e 41k) and confirming it as support could easily see us get to 60-70k. Sounds crazy right?

With the way eith is going, you can imagine what it'd do if that scenario plays out. That's why I'm excited on it.

It's always worth considering the opposite argument. The bearish scenario would be a heavy rejection and failure to take any of those resistances I mentioned. That may see us go down. Loosing this trendline would spell danger. I pray that doesn't play out

I remember sharing this in January when betece was at a similar precarious situation, reason I quoted this post is that I'd be sharing same charts in that post, see what's happened since and examine the bullish and bearish case

On Elon...

There's been alot of talk about his effect on this space and him being the cause of this drop....

While one cannot deny the correlation between the timing of his tweets and some market moves, the thing is with crypt0, it's easy to get carried away with the narrative and forget the big picture...

If you've traded this market long enough, you'd agree that from time to time, bitc0in correlates with certain things before going on to do its thing..
Take the last year for example... It was once so correlated with the US stock market that it'd mimic intraday US market moves... I had to start monitoring the S&P then.... everyone then was about how the US stock market controls crypt0.... After a while, betece moved its way... Later it was how betece would always dump at the opening of trading hours in Asia...this continued for a while before decoupling... Now it's Elon... I wouldn't be surprised if in the next few months, we'd ne blaming dips on something else

Case in point is that the initial part of this bullrun has been quite fast and most new folks who joined this space recently are only used to bitc0in going up and call dooms day on every dip... Wouldn't blame no one. Bitc0in has had 6 straight green months... It's easy to forget that rarely occurs. Folks should also remember it's also had 6 straight red months too and it wasn't the end of crypt0. Give bitc0in some credit it's come a long way.

In the 2017 run, as betece travelled from 2 to 20k, there were multiple >30% retracements. Each of those pullbacks came with its own narrative and FUD, weak hands sold, strong hands bought... This rally is just having its first really deep retracement... Of course, there'd be more in future, and there'd always be a narrative...
Let's look at some narratives over the last year
From 12-10k: Bitfinex CEO arrested and investigated.
From 58-43k: US stock market crashing and crypt0 going much lower
From 60-47k: US president announced new tax rules and US citizens closing crypt0 trades..

Some people bought these dips, some panic sold into these dips, some simply stayed away

But then, (although not apparent at the time), looking at the monthly chart (attached), we can see thst as far back as January, 60k had already started showing sighs of being proper resistance... Personally, I believe big money have just been taking profits at that level and looking to reload lower.

My point is that in crypt0, volatility is part of the game and there'd always be a narrative for every dip.... Every dip comes with proper FUD and every rally with proper FOMO.... One can play it to their benefit or get lost with the narrative. I prefer to filter out the noise and focus on what's important..cos in this space, the majority never wins

IMAliyu:
Ok, I've got two different thoughts.

A pessimistic one if we look at the weekly chart we've broken below the 20 ema, although we haven't closed below it yet. But in a berish scenario, we could see BeTeC at 35k range.

But a more positive one if we close with a rejection off the 200 ema on the daily chart, we could return to a sideways market for a while, before we bounce back or another tweet crashes everything. In that case see you guys at 35k.

Betece was able to close above the weekly ema last week which was a good thing...

It's a weekly candle and still has 7 days to close.... At this stage, a monday/Tuesday selloff before reclaiming the range and closing as a bullish hammer will not surprise me

jedisco:
Got there...no problems...

Some bids still sitting in the support cluster beneath...

Almost there..... Will ada give me 1.8

jedisco:
Still on majors....

Ltc and link (to a lesser extent) have been following a distinct pattern since the turn of this year....

Take LTC for example (1st chart)... It's usually 2-3 weeks of an upward rally and then 1-2 weeks of a selloff to confirm support before resuming the upward rally... But then, it maintains an uptrend by still maintaining higher lows and higher highs each time

That this pattern has been in repeat for so long makes me think that same folks who are buying the pullbacks are those selling the rallies.. it's called smart money...
LTC's current support are at 300 and 250...
For link its 40 and 35

For those that keep asking what to buy at the highs, this is the time to ready your shopping bags... LTC from its current 300 back to 420 is a cool 40%, if it dips to 250, that's even better. If you were happy with buying the top, you should be more happy in buying the pullback.

Link at 35
LTC at 250

Hmm....

jedisco:
Betece dips can be a good time to target strong coyns which have just broken out of consolidation range but are forced to retest support as betece corrects... Usually, they'd continue their upward trajectory once the correction is complete, they run fast...
Recent breakouts have been aave, dot, ksm and atom.

On Atom, an entry between 24-25 should be one to keep for sometime.


On ada, I took some off at 2.45....
It's hyperextended from the 1hr abd 4hr support... Will look to buy back close to support... I don't believe it's rally is near finished..just looking to compound profits... Same with xlm...took some off at 0.78

On the breakout group, I went with aave and it's had a nice bounce so far...... Still think the others are equally as hot

jedisco:
I started building a new medium term position on xrp during this dip... Got some at 1.26...

It's been cooling off for a while and with xlm showing strength, wouldn't ve surprised it picks up in the coming weeks... Another major I'm looking at is link and xtz...

Also, the dot/uni/aave/ksm group which rallied in January/Feb this year and have been ranging since seem to have started picking up

Glad I got into this position... It looks to be revving it's cylinders.... Hopefully, it doesn't collapse under the Betece pressure.... Once betece settles, it should make a runner...

Almajirihunter:
Thanks for this.

Added to initial post

People fail to understand that it's easier for betece to dump on a day everyone thinks its bullish and going to the moon e.g at when it was 62k than on a day when the overwhelming majority thinks it's bearish and going to nuke.....
This market does not reward fear.

Mizwalterz:
"don't sell at loss..."

this statement has taken my portfolio from 40k to 18k. when it was 30k, i asked for suggestions, the only think I heard was "don't sell at loss".

I still dey Ooooh, EPS still dey dip oo.

should I buy the dip?

EPS is a coyn that has been listed for less than 8 weeks.... Ideally, one should wait for such coyns to selloff before going close...

Portfolio allocation, is an important aspect of risk management... If you don't want to buy betece, then sensibly own some majors that'd maintain structure during dips... They have less volatility and nay not pump as much but you're more likely to leave this space with profits than randomly chasing new coyns..

One thing you should remember is that every rally comes with it's new coyns... The new coyns that did well this rally would be lost the next as folls would move on... It's the major caps you're likely to hold even in dips cos you're sure it'd bounce back in time

Almajirihunter:
Contemplating putting $1000 into betec now lol, wise choice? Can see it’s on an upward trend, any advice

I don't gie advice on when to buy coins...

But my best trades in this space were days like this when I woke and the sentiment was overwhelmingly bearish (with everyone feeling the market is going much lower) and I averaged into bitc0in... (E.g 44.5k, 42.5k, 40.5k)
Almost always, 2-3 weeks down the line, I looked like a genius.... On betece it's easier cos at this stage, even if the market continues dipping, It'd very likely comeback to retest this level in few weeks...

Another advantage of buying such dips and is that when stuff reverses and those who were scared now FOMO into pupms and start telling how things are going to the moon, you'd smile, be level headed and take profits cos you bought a dip and know things don't go up in a straight line...

It's interesting how same thing keeps happening in this market over and over again and yet people react thesame way anytime it happens...

Let me draw our attention to the weekly RSI so people can appreciate where we are in the market... First RSI shows momentum in the market... Mostly likened to buying/selling pressure.... When it's oversold, it means folks are selling more.


I've attached the weekly RSI which spans over the last 6 years... Generally, the midrange (around 50-56) acts as support in a bull market amd as resistance in a bear market...

The point I'm making is simple... If you're sh*tying your pants on this, you're better off packing your load when there's a relief rally and leaving crypt0...
The RSI will definitely dip into oversold territory one day and would remain there for months (of course there'd always be a narrative).... Thesame euphoria we witnessed over the past months will be replaced by proper FUD....

Folks are already asking a bear market and I'm smiling... In a bear market, the FUD is x10 of what we have now, it's unrelenting and unforgivable..... It's easy to say I'd buy the blood during a rally, it's another to really buy it when it comes

It's interesting how this space has grown.. I've not yet seen anyone who's traded crypt0 over 1 year that's calling dooms day on this.... Even if it dips much lower folks have seen worse and they know stuff will still rebound..

jedisco:
Came down, cleared the whole range and more importantly, retested the 21 day ema

It took a while but after 9 months and lots of waiting, bitc0in finally revisits the 21 ema, unfortunately didn't have as enough to load up as I had wanted... I'm taking some profits on the rally up to reload at the lows if it revisits again

It's at these levels that on betece (in a bull market) I can buy, go to bed and forget what the market does in the short-term....

Generally, bitc0in does not rally without fomo and never sellsoff without FUD... It's either one trades to buy fud and sell fomo or buys fomo and sells fud

Update on this.....

It's called respecting a level.... Bulls are lurking

Two other things I see.....
1. Two wicks on the weekly charts to around 43k (blue arrows)... This selloff didn't takeout the previous wick... Further makes me think perhaps one more capitulation dip to take out liquidity on both levels...

2. A pattern that looks like a 'head and shoulder pattern' on the weekly... That'd be a bearish one if it breaks down... Personally, I'm not so bothered about it... There's also a bullish case and patterns should be played only on confirmation

Ibime:
EOS at 9.71 and LTC at 291

No wahala... Hopefully, the week brings good news

Ibime:
I didn't buy BeeTee, I bought LTC and EOS and dipped.out at 3% reversion

Ok... But at what rate did you sell?

Just curious

Ibime:
Top at $20k last bullrun. This run has been propelled by institutions right from PayPal announcement to Square investment to Michael Sailors group.



Some may be, but you have to question where they expect their returns to come from. They are handling other people's money who expect returns at the end of the day. This was a coin that struggled to surpass $60k with all the institutional investment and Elon driving it. They have to be wary at what their returns will be from this stage.



The last bullrun took two weeks to come to an end from Dec 31st 2017 to Jan 18th 2018. Stuff won't just drop overnight. We maybe in a 30% correction or we may have topped, na to play am with caution. I have even closed the positions I opened earlier today. Let me go back to Siddon look mode till I see a return of confidence.

As things stand, I only have two meme shitcoins coins I'm holding and I'm just waiting for a coin I invested in presale to IDO in two weeks. The listing price of the coin I bought on IDO should yield me about 2 BTC. I'm praying bullrun isn't over and IDO goes through with no hitches

My brother you know at 60k, Bitc0in still has about the highest ROI among investments of the past decade......
People are used to bitc0in always on the move.. sometimes, it just ranges. Last year, bitc0in spent 6-8 weeks in a very narrow range between 9k and 9.4k... it's about a trillion dollar industry now, rapid movements will take time... The expansion we're enjoying as this bullrun was cooked in almost 3 years of proper consolidation... Many folks came in after 20k and are used to bitc0in only going up... This time last year, virtually no one would have envisaged a 60k bitc0in in February this year...

One thing you're very right about is always being cautious in buying... whether dips or rallies....

Out of curiosity, at what price did you sell?

DigitalMallam:
I waited this long before giving crypt0 a trial, and it didn't pay me in the end. I tested with profit from other investment so my loss isn't major, but I am hearing news some folks might just commit suicide before daybreak tomorrow. I've always been skeptical about the whole digital coyn, there's really no fundamental behind it, no regulations. A mere tweet from moneybags or celebrity can swing the price

Hehe... What coyn did you buy?
2ndly... Did you think the market only goes in one direction?

The fear is getting palpable...

Ibime:
Remember the story of Icarus who flew and flew higher and higher till he reached the sun and his wings melted? Collapse always comes at the height of achievement. There is always fud that can be overcome eg 5% of Ethereum got hacked and stolen in 2017 causing the hard fork, yet the market pressed on after 3 months cool off.

But a big fud that causes major institutional players to stop offering BeeTee as an investment will be the one to end it. That could be via regulation, a major hack or slow spreading of fear as price goes down eg if selloffs continue from Elons tweet. Put yourself in the shoes of an Investment bank desk knowing this thing only goes up when new entrants buy, and knowing that Elons fud will deter new institutional entrants with enough money to move the market. That investment desk may already be 50% up on their investment which is already unbelievable returns for them and now may be the time to take profits. Those guys no dey look face.

In essence, we should play this with caution. The more price keeps going down, the more likely a bearish scenario starts to become.

In my view, the next bull cycle may not be led by BeeTee. I always think that when Institutions pump something and ruin it, it never comes back. 2011 cycle was led by Devs and miners, 2014 by devs and retail, 2017 by retail. This is the first bull cycle to be led by Institutions and it may be the last. If we enter a long bear, don't be surprised to see a Defi solution as the one to lead the next bull market, and BeeTee relevance begin to fade.

Crypt0 space is still relatively new... lot's of possibilities into the future...lets see how it goes...

You're right in buying dips with caution to avoid catching a falling knife... That's why it's sensible to buy in stages or close to support zones and not all at once... One can always add on confirmation... But same way, we should exercise more caution in buying green....


But quick question....
What was betece's performance before institutions came along?

Secondly, do you really think big money isn't layering into this dip?..... If no one was buying, it'd have dipped to 20k already.... As brutal as the capitulation to 4k last year was it was guzzled up..... People underestimate how far this space has come

P.s... it's always interesting how quickly narratives in crypt0 change... It can switch from really bullish to proper bearish in hours...

jedisco:
My decision to take profits off Ada and xlm wasn't a bad one....

I will be bidding their 4hr support...

Talking about the 4hr 21 ema support, most majors use this support as a bounce off region when they begin an uptrend. I use that to know when to sell and time re-ntries to compound profits and guage when the rally has began to show weakness..

The first chart is the 4hr chart of eith which I shared a while back. After clearing 2k a while back (blue price line) and beginning an uptrend, It kept bouncing off the support until it toped out and lost that support... Safe to say it'd consolidate for a while now. It's also worth noting that throughout this time when eith doubled, Bitc0in looked shaky...

2nd chart is on ada (not as clean cos the rally has just began).. It's taken the 1.5 resistance level and flipped it.. I'd start averaging some profits back in around the 4hr 21 ema support which is around 2-2.1 dolls currently (hopefully a wick to 1....... Similar scenario with xlm... Also, these ema supports are not static...

Obviously, I would be keeping an eye on what betece is doing, but wouldn't be too perturbed except betece starts selling off properly...

Got there...no problems...

Some bids still sitting in the support cluster beneath...

WTF is this

Reason why I keep off new and popular coyns until the hype has died down....then I evaluate how many trapped folks are looking to escape

nna777:
With the way Betec is behaving it's only a matter of time before the 'free tokeners' go into hibernation. Looks like winter is coming earlier than expected.

Lol... Sometimes, such posts make me wish the bullrun is over mk all man settle down

Ibime:
Thanks bros. I'm just averaging small thing incase it reverses whilst I'm otherwise engaged. I have split my capital 5 ways. 1/5th now and another 2/5th on low bids. I do think the Elon Tweet is fundamentally damaging and opens the door for regulators while closing the door for further institutional investment due to the CSR concerns raised (which we knew anyway). Elon was also the one who broke the $40k barrier with Tesla purchase. The Elon impetus can no longer be relied on. Anyway, watching in 3D.

On buying, you must not buy everything today, it's always good to have cash just in case or stacked low bids on majors

On Elon, one cannot deny the effect of Elon's tweets right now but seriously, I think it hastens what's already in place... Right now, it's difficult to agree with..

Lemme give examples...
Every proper betece dip comes with a narrative... It's the narrative that makes folks irrationally sell causing a capitulation. It's that same irrational selling that whales use to fill their bags.. That's why when folks say I wish bitc0in will dip to --- so I buy, I just smile cos they've not experienced the fear surrounding such dips

The last brutal betece dip from 12k to 10k, the narrative was that bitfinex ceo was arrested and the exchange partly hacked... Of course, fear was plapable... Looking back, we see how it went...

Same also, with the selloff to 4k last year.... Very very few bought in... Most thought the market was done

Recently, when it was announced that Tesla sold some part of their holdings, that happened when betece was at 52k... It didn't stop a rally to 60k and subsequent rejection.....

Also, Tesla was done buying bitc0in before they made the announcement... It was after the announcement that the coyn rallied past 40k... Personally, I'd say the buying that caused the breakout occured around the bottom of the initial selloff at 28-30k.....

Regarding betece currently, there's a daily cluster around 43k, there's chance price goes for it...
Most times, when betece starts selling off slowly like this, I start getting skeptical...same with when it starts toying around resistance.... I've come to see that when betece is ready to break a resistance/support, it goes for it and doesn't toy around.

I have some low bids on the leveraged tokens of certain coyns, just hoping they fill up overnight

Of late, there's been an increase in the number of posts offering free this and free that... Even though I know most are scams, I'm saying this cos there seem to be some new folks buying in...

The other day, someone was looking to buy an unlisted coyn as their first coyn in crypt0...... It's no doubt that such folks would likely lose it all...

People should understand that there's no free lunch...
Also, folks should understand that with unlisted coyns come huge volatility... If you've been unable to trade the 'slow moving' large caps profitably, chances are you'd get eaten up in that space if not careful...

Finally, can those offering numerous 'free tokens' please tone down on spamming this thread?...

Ibime:
Thanks boss. I averaged in another small thing on LTC from reading your last post.

$60k to $46k is 25% which is the usual correction for BeeTee so I'm starting to throw some in but keeping a lot in cash as well

Also worth noting a bunch of whales bought at $44k. Should they still be there (and not sold at $60k), that is a support area

My brother, this market no easy.... No free lunch...
But I tell myself, if I can't buy proper fear, then I shouldn't be buying proper greed..

On LTC, there's been so much buying at 300 without a proper bounce that I'm holding fire for now... Makes me think it'd dip to 250.... Same with link too (a dip to 35)... Also, I'm yet to see some proper capitulation on betece..

On betece, if I was buying it, I wouldn't be as bothered... I'd just place my bids at levels and go to bed.... Even if it sells off to 38k, in a matter of weeks, it'd be knocking on the doors of 46k again... on betece, I can blindly buy strong support... Na alyts dey give wahala

Ojemedad:
Ofcourse I will be on the side line, just buying the lowest of the low and keep all through the next bull run, won't make the mistake I made by jumping from coin to coin

Lol... When the time to buy the lowest of the low comes, you'd be thanking God for not buying last week....

It's easy to quote those saying buy the blood and sell the greed when the market is green.... It's another thing to really buy the blood brother...

Finally... On betece... I'm still waiting for the daily close...and yes the daily candle is looking nasty so far.

But just a quick reminder...

Betece is oversold on the 4hr RSI (1st chart) and close to being oversold on the daily RSI (2nd).... On both, it's already printed bullish divergence (i.e lower price on lower selling momentum)... That's typical of panic selling

The last time the daily RSI dipped this low was over a year ago... Even the selloff from 12 to 10k last year didn't dip this low on the RSI... That should give an idea of how often it happens.
On this whole rally up, the 4hr RSI printing bullish divergences while being oversold has marked a good point of entry on a selloff

In summary, even though betece is looking more and more like it'd nuke downward (and yes it may), selling into an oversold RSI both on the 4hr and daily doesn't look like a good idea....Such opportunities should be bought and make no mistake, whatever the narrative, folks are buying this fear....

Ibime:
How you see am boss? I just chance small change in EOS as it dropped to 9.6, hoping BeeTee stops it's reversion soon. Have set some low bids against ADA, XRP and ETC also.

I'm waiting for betece daily close and would be sharing thoughts on it looking at both the bullish and bearish case...

But one thing I know about this market is that it does not reward fear.. Funny enough, it's more likely to reward greed than fear......

On majors.... Ada seems to be on board now, Xlm and xrp are looking to be next....
I'm not so keen on etc yet except for range plays... It's just had a parabolic rally which was also based on eiths strength... safe to assume it'd consolidate for a while........ But then, it's close to the daily support, an entry at that support should portend a good risktp reward

Still on majors....

Ltc and link (to a lesser extent) have been following a distinct pattern since the turn of this year....

Take LTC for example (1st chart)... It's usually 2-3 weeks of an upward rally and then 1-2 weeks of a selloff to confirm support before resuming the upward rally... But then, it maintains an uptrend by still maintaining higher lows and higher highs each time

That this pattern has been in repeat for so long makes me think that same folks who are buying the pullbacks are those selling the rallies.. it's called smart money...
LTC's current support are at 300 and 250...
For link its 40 and 35

For those that keep asking what to buy at the highs, this is the time to ready your shopping bags... LTC from its current 300 back to 420 is a cool 40%, if it dips to 250, that's even better. If you were happy with buying the top, you should be more happy in buying the pullback.

Betece with 7 straight red candles on the 30 min chart... Looking like one of those times where it creates one fat red candle or a selloff that's bought up

The fear in the market is getting palpable....but not just there yet... Just see the red piling up