Bitcoin
Atualizado

$8000/8500 for 2018 ?

1265
Hi,
BTC hitted the 0.618 of the last rising wave.
I'm long at $11.500, took some profit at $14.500 and i'm waiting a higher retracement (between 0.618 / 0.707) inside this likely flag.
Then, last wave down to complete the CD leg of a likely gartley + 0.618 of the wave from the low of March to December high + previous strucure.
Price of completion around $8500 - $8000

Need a lot of confirmation to trade this pattern (at least the C point)
Nota
Waiting $16.400 to short (bearish gartley / 0.618 retracement) with $8000 as target.
NB : i use Kraken feed because all my trades are on their platform.

I've refined the descending channel / Bearish flag in progress
snapshot
Nota
H4 Gartley completed.
Closed last position from long 11.500 at $16.430 and short.
First TP $14.500.

We could see higher prices then to complete another gartley on Higher TF around $18.000
snapshot
Nota
Another option - Bullish 121 around $13200

snapshot
Nota
Closed 50% of 16.430 short at $14.300 SL at $16.000
From now, BTC can drop to $7900 to complete the daily bullish Gartley + AB=CD.
Or go up to $17.900 to complete the H4 bearish gartley (see previous comment) and then the likely drop to $7900.

snapshot
Nota
Closed last 50% at $14.000
Nota
My pending order at 17700 was not triggered.
Tiny short opened below $15.500 few days ago.
Target unchanged -> $8000 zone.

Max target : $7400 - 1.618 ext BC
snapshot
Nota
Moved my trading account from Kraken to Bitmex (better tools and, most of all, better liquidity)

Pending Buy order at $7500.
snapshot
Nota
Not sure about the initial setup (especially retracements -> these new ones are maybe the best one, confluence of both wave retracement 0.618 & 0.707 - see chart)

Booked profit / Closed short at $10.100. Profit is Profit, not too greedy.

Maybe a retracement to 12.7K or 15K
snapshot

Sorry my followers for this U-turn, but when i doubt on my strategy, i prefer to cash out and to wait. Ethereum found support on Weekly kijun, some alts are recovering....
Out of market.
Nota
In PRZ. Long triggered at $8600
snapshot
Nota
Updated idea here :
8K -> 15K -> 5K

Aviso legal

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