BTC / USD
Updated
My take on the current trend of BTC / USD pair. I still think we will see a decline to 8.5k - 9k levels before hopefully seeing new highest high in the coming months.
I have only been studying trading for around 4 / 5 months and i am very new to TA. I have attempted to show my elliot wave count as i am not confident on that yet. I feel the "spike" up we have just had is a dead cat bounce and will soon drop back down. I see nothing to suggest strong reversal?
I have only been studying trading for around 4 / 5 months and i am very new to TA. I have attempted to show my elliot wave count as i am not confident on that yet. I feel the "spike" up we have just had is a dead cat bounce and will soon drop back down. I see nothing to suggest strong reversal?
Note
ahhh... if only i knew you couldn't edit after publishing; i would have taken more care!! *Not attempted to show my elliot wave count.
Any tips or advice is always welcome
Trade closed: stop reached
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