Possible scenario
Updated
Hi ...
If you have followed our analysis so far, We mentioned that BTC has entered the correction wave “E” and it can start a rally to the top after completing this wave.
Analysis in lower time-frames is for those who want to do some swing trades along the way.
In my opinion, BTC will have an uptrend above 9300 and the third wave of correction will start after that.
These ABC movements are the first step of correction and it takes a while for wave “E” to complete.
We move along with the price movements to pin-point the ending of this correction and enter the market.
The ending for this correction is marked in the 4h chart previously.
Good luck!
If you have followed our analysis so far, We mentioned that BTC has entered the correction wave “E” and it can start a rally to the top after completing this wave.
Analysis in lower time-frames is for those who want to do some swing trades along the way.
In my opinion, BTC will have an uptrend above 9300 and the third wave of correction will start after that.
These ABC movements are the first step of correction and it takes a while for wave “E” to complete.
We move along with the price movements to pin-point the ending of this correction and enter the market.
The ending for this correction is marked in the 4h chart previously.
Good luck!
Note
In case our analysis becomes a reality, we can expect a pump by the time candles exit the triangle.Note
Great movement just as expected!Enjoy the profit guys!
In case we turn bearish I will update the chart for swing trades
My recommendation: buy #NEO when #BTC is about to rise! You wont fall behind like other altcoins!
Note
Hi guys ...#BTC almost reached the level that we expected it to reach but the last microwave which is indicated in the chart is not confirmed yet...
Wave “B” can reach for higher targets at about 9400 and even higher.
In case we stabilize under 9100, can be the start of wave “C”.
After we finish with this movement, a new downtrend will start.
Overall scenario for #BTC movements is analysed and put up in 4h time frame. Please refer.
Good luck!
Note
update BTCalmost reached the level that we expected it to reach but the last microwave which is indicated in the chart is not confirmed yet...
Wave “B” can reach for higher targets at about 9400 and even higher.
In case we stabilize under 9100, can be the start of wave “C”.
After we finish with this movement, a new downtrend will start.
Overall scenario for #BTC movements is analysed and put up in 4h time frame. Please refer.
Good luck!
Note
Moving just as expected but in a different way and is now completing wave “c” from “B”And may come to an end with some ups and downs in between.
After completing the last moves of this wave, I expect #BTC to start correction phase.
If you have not entered so far, wait for the next move of Bitcoin.
Next analysis will be updated soon.
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