Hi Guys,
There has been a lot of confusion regarding bitcoin recently. However, this are not that simple. We completed give waves up indicating we are likely to have an ABC correction, wherein leg A is already completed 8700 level. Look in for buying opportunities at about 8.5-8.3k range. Target is 11.6-8k minimum!
Cheers,
Ragnar
There has been a lot of confusion regarding bitcoin recently. However, this are not that simple. We completed give waves up indicating we are likely to have an ABC correction, wherein leg A is already completed 8700 level. Look in for buying opportunities at about 8.5-8.3k range. Target is 11.6-8k minimum!
Cheers,
Ragnar
Note
So far so good, only concern is that C might already have taken place at 8.6, so I have an entry from 8.6; I keep half of my fiat to buy lower at 8.3. Cheers.Note
sold my 8.6 buy at 9.360 today; looking for that new entry at 8.5 8.3 zone :)Note
facebook.com/WaveRidersCM/photos/rpp.893220934192159/893634390817480/?type=3&theaterHi guys, there is my update on Bitcoin, please follow this group as I will start posting there :)
Note
facebook.com/WaveRidersCM/photos/rpp.893220934192159/894153880765531/?type=3&theater Hi guys, everything according to plan, buying about 8.8 region :)
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It could be that we had the last leg down at 9k, I personally bought some features yesterday before market close 17:20 CEST. Bullish view resumes only if we break 9.8 and then entry could be done at 9.3-4. For now, a potential bearish case to 8.4-8.8 is still possible.Note
I plan to sell 9.7 and re-buy 8.8 unless a sudden break to 10.2 occurs.Note
As long as we don't break above 10.2 odds are we will retrace to 9.4-9.1 region before going to 10.8-11.8, where 11.8 is my final selling target.Note
I only changed the counting to I instead of 1 so the major and within counts are clear. Blue wave V is above green wave V which is at 11.8 and therefore not visible on this chart.Note
wave 2 is deeper, but does not mean 11.8 is not coming, as long as we keep 7.6k or 61.8% retracementNote
As you can see this doesn't fit perfectly, anyway, wave 5 is now 10k, from there we have ABC which is most likely over at 7.9 or we can see 7.6. 10.8-11.8 should be on its way soon,love guys :)
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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.