BITCOIN - TODAY - MARKET UPDATE - 11/15/2019
BTC took out its previous low, indicating wave C remains incomplete. We'll now see if the 0.786% projection for waves w and y at 8k can contain the decline.
Whether wave B has unfolded as a triangle, or an ending diagonal is underway for wave C, our immediate focus remains on lower; at least while the upper boundary of the impulse channel acts as resistance. The decline is likely to continue toward the lower target area which is highlighted on the 240-minute chart.
Key Levels: 7296.44, 9150, 9450.00, 10540.49, 10939.34
Keep you updated as this price evolves.
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Together we are stronger
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I am not Bearish long term. I am a Bull of Bulls.
Thanks
God bless you!
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Whether wave B has unfolded as a triangle, or an ending diagonal is underway for wave C, our immediate focus remains on lower; at least while the upper boundary of the impulse channel acts as resistance. The decline is likely to continue toward the lower target area which is highlighted on the 240-minute chart.
Key Levels: 7296.44, 9150, 9450.00, 10540.49, 10939.34
Keep you updated as this price evolves.
We go together
Together we are stronger
Share and like
I am not Bearish long term. I am a Bull of Bulls.
Thanks
God bless you!
===============================================================================
BlackMEX - PREMIUM
We are a BITMEX specialized channel.
Our philosophy focuses on capital preservation and good risk/return operations.
We'll share our analysis, calls, and share studies that can help you be a better trader.
Enjoy! ** 2 weeks free sign up
Telegram > t.me/blackMEXcrypto
===============================================================================
Twitter > twitter.com/f3rG0D
===============================================================================
Trade active
Possibility of the double bottom! 240m
Keep your eyes a Breakout of 8773 signals that wave 2 is complete.
Trade active
Trade active
Here we go!Note
Trade active
Trade active
Trade closed: stop reached
Order cancelled
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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.