BTC complex wave
Updated
Actually it took me a lot of time to reveal this hypothesis.
In my opinion, we are in a very complex correction that the price hesitates below a very important downtrend line that prevent the price to go to the sky.
I can count some waves and expect that the price is going down a little bit to 66,600 and then start a small impulse, wave c of wave (X).
so you can trade this small bullish wave and be careful of the (Y) impulse that may go down to significant value.
What I have to say, be careful and always use your own risk management strategy.
Good Luck
In my opinion, we are in a very complex correction that the price hesitates below a very important downtrend line that prevent the price to go to the sky.
I can count some waves and expect that the price is going down a little bit to 66,600 and then start a small impulse, wave c of wave (X).
so you can trade this small bullish wave and be careful of the (Y) impulse that may go down to significant value.
What I have to say, be careful and always use your own risk management strategy.
Good Luck
Trade closed: target reached
First Target reached.
Hope it was profitable to you all.
we are waiting for the end of the retracement and go long again, but be very very conservative.
Good luck
Comment
2nd target will be around 69,000 which is a very critical pointComment
We are moving towards our target.
use your protective stop to protect your profit.
Happy day
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