00:00 HRS UTC signifies trend change in BTCUSDT in 4H time frame. We were hoping for higher low formation, and the time has come for that. Overall market structure looks good and it is doing what it is supposed to do.
Key target price for reversal:-
1. 44358 USDT
2. 44125 USDT
3. 42411 USDT
I do not think it will go further below 42000 levels, and upside is good. Hold, the key strategy here is to hold.
Key target price for reversal:-
1. 44358 USDT
2. 44125 USDT
3. 42411 USDT
I do not think it will go further below 42000 levels, and upside is good. Hold, the key strategy here is to hold.
Note
Elliott Wave Theory is something that I do not always like because we can make errors while working on it, however, looks like Wave 5 is done, and formation of ABC is in progress. I can be wrong but my Market Geometry and Gann Levels will not. Therefore we trade on price action and Market Geometry Levels. I have posted some more trades in alt coins, and they have achieved targets as well.
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If Elliott Wave analysis is fairly correct then we can have 3 waves down to form A, which should overall touch over Wave 4 levels, more on this later.
Falcon Trader
Trading Courses charts-stocks.com
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Ask for any script Falcon Wave count by DM
Twitter: @Falcon_Trader_1
Trading Courses charts-stocks.com
_________________________________
Ask for any script Falcon Wave count by DM
Twitter: @Falcon_Trader_1
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.
Falcon Trader
Trading Courses charts-stocks.com
_________________________________
Ask for any script Falcon Wave count by DM
Twitter: @Falcon_Trader_1
Trading Courses charts-stocks.com
_________________________________
Ask for any script Falcon Wave count by DM
Twitter: @Falcon_Trader_1
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.