BitcoinAtualizado BITCOIN - Road To +100K!
In our past Bitcoin analysis, we identified that we were in wave 4 correction, which was an irregular flat correction. We had a strict invalidation level present (13.9k) and as long as we were above that level, we would remain bullish. We had a really nice descending trendline which we were monitoring for a break. Price broke out and pushed up more than 80%!
See below for our past analysis:
We look to be in wave 5 now and according to Elliott Wave theory, we should see 5 subwaves.
We are currently in subwave 1 and expecting a subwave 2 correction.
Trade Idea:
- Watch for the ascending trendline to break to indicate subwave 2 has started
- subwave 2 can be traded so if trading, enter on break of ascending trendline with stops above subwave 1
- We'll be monitoring subwave 2 correction for a clear ABC correction
- We should remain above 15.3k so if BTC comes down anywhere near that price, it should be seen as a buying opportunity
We'll be targeting 69k, 85k, 100k and finally, the moon! :)
Goodluck and as always, trade safe!
See below for our past analysis:
We look to be in wave 5 now and according to Elliott Wave theory, we should see 5 subwaves.
We are currently in subwave 1 and expecting a subwave 2 correction.
Trade Idea:
- Watch for the ascending trendline to break to indicate subwave 2 has started
- subwave 2 can be traded so if trading, enter on break of ascending trendline with stops above subwave 1
- We'll be monitoring subwave 2 correction for a clear ABC correction
- We should remain above 15.3k so if BTC comes down anywhere near that price, it should be seen as a buying opportunity
We'll be targeting 69k, 85k, 100k and finally, the moon! :)
Goodluck and as always, trade safe!
Nota
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Want more chart ups like this? Click the links below:
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Want more chart ups like this? Click the links below:
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.