BitcoinLong
Bitcoin Better Form, Better Fit
soo I've been thinking we're in some form of flat instead of a zigzag. so my primary count is green and my secondary count is red. I think its more likely that we're in a flat because of bitcoin gold and people will want some bitcoin gold soo any smart money will be trying to accumulate as much btc as possible for the fork on the 25th.
my primary count is only invalidated if btc drops bellow the height of (1), it is a potential buy now since we just had an impulse after a short correction. however it may still go down more
The primary target is a double top however if the fifth is extended as it usually is in cryptos we can see almost 6K, just remember the secondary count is only invalidated if we pass above 3
A safe trade would still be to have buy orders above 3 and a trailing stop loss.
However to maximise profits laddering in buys between 3 and, and setting a stop at 1 is another riskier option
my primary count is only invalidated if btc drops bellow the height of (1), it is a potential buy now since we just had an impulse after a short correction. however it may still go down more
The primary target is a double top however if the fifth is extended as it usually is in cryptos we can see almost 6K, just remember the secondary count is only invalidated if we pass above 3
A safe trade would still be to have buy orders above 3 and a trailing stop loss.
However to maximise profits laddering in buys between 3 and, and setting a stop at 1 is another riskier option
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.