We always think the bottom wave is complexe and it should be at least a 3-3-3-3-3 combination, but what if the whales have already entered and the wave is rather pure and simple.
Here is my bet, since Feb 7th we are in a new implusive wave. The wave 2 retrace perfectly at 0.618 area and now struggling back at 0.382.
Beautiful up channel, beautiful 1h rsi bullish divergence, beautiful DMI on all time frame >1H ( bull trending ).
Entry: 0.382 area ish
Stop loss: 0.618 area ish
First target: wave 1 top
Second target :4500 area ish
I assume a double top pattern for wave 5. I am still bearish for this year.
I will give you guys one tip: TAKE A FUCKING LOOK ON RICH LIST OF BTC. Clever boy understand what i am talking about. DYOR
Here is my bet, since Feb 7th we are in a new implusive wave. The wave 2 retrace perfectly at 0.618 area and now struggling back at 0.382.
Beautiful up channel, beautiful 1h rsi bullish divergence, beautiful DMI on all time frame >1H ( bull trending ).
Entry: 0.382 area ish
Stop loss: 0.618 area ish
First target: wave 1 top
Second target :4500 area ish
I assume a double top pattern for wave 5. I am still bearish for this year.
I will give you guys one tip: TAKE A FUCKING LOOK ON RICH LIST OF BTC. Clever boy understand what i am talking about. DYOR
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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.