BitcoinLong
BTC Down move ended?
Updated
My view on recent BTC free-fall(which was not really) and some possibilities
D-Wave analysis shows completion of down movement at Wave#5 nicely overlayed and matching the Demark ABC down wave however the projection price of 21088 is not met which leaves a possibility for another push down into the blue support zone after
TD-Sequential has completed a full cycle of down movement after the formation of Buy Countdown bar#13. The is a potential for a further push down to 23000 before potential move up
Scenraion#2 for Buy(Conservative):
Wait for the pushdown/ consolidation in the blue support zone and buy at the break of zone boundary upward or failure of the support zone for the move down
Scenraion#1 for Buy:
Buy at break above (Buy Countdown Bar#13 High) potentially to touch TDST Resistance at 47200
BTCUSD
D-Wave analysis shows completion of down movement at Wave#5 nicely overlayed and matching the Demark ABC down wave however the projection price of 21088 is not met which leaves a possibility for another push down into the blue support zone after
TD-Sequential has completed a full cycle of down movement after the formation of Buy Countdown bar#13. The is a potential for a further push down to 23000 before potential move up
Scenraion#2 for Buy(Conservative):
Wait for the pushdown/ consolidation in the blue support zone and buy at the break of zone boundary upward or failure of the support zone for the move down
Scenraion#1 for Buy:
Buy at break above (Buy Countdown Bar#13 High) potentially to touch TDST Resistance at 47200
BTCUSDTrade active
BUY NOWTake Profit 1 - 32 000 USD
Take Profit 2 - 35 000 USD
Take Profit 3 - 48 000 USD
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