Bitcoin – bull market has just been started!
Hello, everyone!
Bitcoin has just change my mind to bullish. Also he gave me the very important lesson. I feel upset and have to think what I need to do next. But I feel upset not because of loss, I have the great money management and it’s not critical. I believed in trading chaos and it gave me a lot of nice signals. Now I am going to reconsider which approach to use in trading.
Let’s take a look at the 1D time frame on
BTCUSDT chart. Of course bull market has been started, but I am not going to hurry up to buy all in. I will remind you that I have 23% of deposit in crypto on spot. If I consider that my previous wave analysis is invalid I wanna suggest you the new one. We now have the waves 1, 2 and 3. Wave 3 is going to end next to the current price because it reached the original target 1.618 Fibonacci extension.
Where I am going to buy. Waves 4 usually reaches the 0.38-0.5 Fibonacci retracement levels. That’s why I am going to by BTC at $19053. With the potential target above 22k.
Best regards, Ivan
________________________________________________________________________________________________
If you like my trade ideas, please smash the boost button to stimulate me make more quality analytics!
Bitcoin has just change my mind to bullish. Also he gave me the very important lesson. I feel upset and have to think what I need to do next. But I feel upset not because of loss, I have the great money management and it’s not critical. I believed in trading chaos and it gave me a lot of nice signals. Now I am going to reconsider which approach to use in trading.
Let’s take a look at the 1D time frame on
BTCUSDT chart. Of course bull market has been started, but I am not going to hurry up to buy all in. I will remind you that I have 23% of deposit in crypto on spot. If I consider that my previous wave analysis is invalid I wanna suggest you the new one. We now have the waves 1, 2 and 3. Wave 3 is going to end next to the current price because it reached the original target 1.618 Fibonacci extension.Where I am going to buy. Waves 4 usually reaches the 0.38-0.5 Fibonacci retracement levels. That’s why I am going to by BTC at $19053. With the potential target above 22k.
Best regards, Ivan
________________________________________________________________________________________________
If you like my trade ideas, please smash the boost button to stimulate me make more quality analytics!
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