BitcoinAtualizado

BTCUSD - Outlook and where to look

Looks like today is the day correction begins. RSI reversed clearly and Godmode crossed over. On the chart is where I think key levels are and the arrows represent what I think price action will do on the way down, I tried to draw them reasonably accurately. Open long trades anywhere within the green box as long as we have reversal confirmations to then begin wave 5.

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Too late to edit the idea but I've updated the hard support to reflect it's true nature. It's a zone, not a line.

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Note: If the bottom of the hard support area is breached it means the wavecount must be redone, as it means wave 3 shown in the chart above is actually wave 5, and price action will look different for the correction.The hard support in that case is $1200.

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Trade going as planned. prepare for the next leg down to 3980 level

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Trade still going as planned, after everyone else said to open long trades because of the small upwards correction. Keep your shorts on.

Trade ativo

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Bounced perfectly as predicted.

Idea continues in part 2 here

BTCUSD - Outlook and where to look - Part 2 (we were right!)

jgj

Aviso legal

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