Hi everyone,
You should pay attention on BTCUSD everytime when it is hitting to 6k area. We may see longer term rise from this area. So every time when price will hit this price level look for buy for longer term.
How you can trade on this chart.
We are correction which is getting bigger.
1. Watch breakout and buy
2. Let the price hit the bottom then look for buy.
In case if we dont see break up and price retrace back to 100 percent of the previous wave then we will look for longer term buy again from bottom.
This setup will change if price clearly close below the previous low. So stay bullish above the previous low.
If this correction will get much bigger we will identify that and will look for buy again.
Good Luck.
Please support the setup with your likes, comments and by following on TradingView thanks
You should pay attention on BTCUSD everytime when it is hitting to 6k area. We may see longer term rise from this area. So every time when price will hit this price level look for buy for longer term.
How you can trade on this chart.
We are correction which is getting bigger.
1. Watch breakout and buy
2. Let the price hit the bottom then look for buy.
In case if we dont see break up and price retrace back to 100 percent of the previous wave then we will look for longer term buy again from bottom.
This setup will change if price clearly close below the previous low. So stay bullish above the previous low.
If this correction will get much bigger we will identify that and will look for buy again.
Good Luck.
Please support the setup with your likes, comments and by following on TradingView thanks
Note
Please support the setup with your likes, comments and by following on TradingView thanks 
Note
Please support the setup with your likes, comments and by following on TradingView thanks
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X: twitter.com/Wave__Trader
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Related publications
Disclaimer
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For Training visit.
Website wave-trader.com
Website techtradingacademy.com
Slack: wavetraders.slack.com
Telegram: t.me/Wavetraders
X: twitter.com/Wave__Trader
FB: facebook.com/WTimran
Website wave-trader.com
Website techtradingacademy.com
Slack: wavetraders.slack.com
Telegram: t.me/Wavetraders
X: twitter.com/Wave__Trader
FB: facebook.com/WTimran
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.