Bitcoin Overshoot - Last Bullish Swing - 5th Wave

22 de jan.

BITCOIN #trading was good to me.
I was able to predict and ride the #Bullish #Cycle like a pro.

Trade Recap

From the 17K I was actively looking for buys.
Also entered BTCUSD #Long from the 25K mark, on the #Break-out.


At the Wave 4 Completion and 5th Wave Break-Out, I went Long again on BTC.


At 100K Milestone I cashed it all in, I was a bit weary...
All well documented in the previous #Bitcoin Idea.

What's Next For BITCOIN?

I am entering the Last Long, to ride the 5th of 5th Wave.
After this #Bull #Swing I am expecting a considerable #Correction.


After the push, some wild moves will occur, and that's because of the BTC.D (BTC Dominance).


BTC.D Correction in Wave 2 will pave the way for Altcoins (#Altcoins), thus the Altseason (#AltSeason) to start.
Yes, BITCOIN shall fall, while the OTHERS (TOTAL3) would most likely grow in #TotalMarketCap.
* You can see the related ideas for more clearance.

BTCUSD / BTCUSDT - #TechnicalAnalysis

- Elliott Wave: #Impulse Confirmed (5th Wave)
- Mar '20 - Apr '21 #Fractal (orange)
- #ATH Break-Out & #Support

My Levels For Longs

- Entry @ 100K
- SL @ 85K
- TP @ 145K

* After this move, I will take a break and look for #Short set-ups.
This is because of the #Bearish #Fractal (red).

22 de jan.

Trade ativo

Bitcoin Weekly Chart:


Bitcoin Daily Chart:


Bitcoin 4H Chart:

há 5 dias

Nota

BTCUSD preparing to spike above 120K.


4H Chart is #Bullish: BITCOIN 5th Wave #Impulse.


- Wave 2 Correction: 61.8% Fibonacci Retracement (Golden Ratio)
- #BullFlag
- #Harmonic Pattern: #Cypher

anteontem

Nota

BITCOIN up-side still valid.
The recent #Bearish Swing could be considered as the completion of Minute 2 of Minor 5.

anteontem

Nota

Note to Self:
"5 waves UP.
BUY again you Crypto Degen!"