Short

Daytraiding with Bitcoin

Updated

In the last idea, we looked at a wedge . It was broken down, which gave us the signal to SHORT. Then we formed a price channel and clear impulses. Also, a live chart with a price channel was provided, where the price could not clearly break it down and moved strictly on it. In the course of formation, I gave you signals for the approaching correction in advance. Now we consider the purpose for the correction who came to long, but mostly for sellers. I marked 2 areas where it is necessary to go long. The price can also reach 2 zones additionally. Attention to special area setbacks between the slide. They also confirm the importance of these zones. As the wave 4 ends I will give you a more accurate zone 5 for fixing and entering the long

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sorry for the wrong interpretation of my words. I meant that gave 2 zone for long if you tried long for correction before. These zones are your goals. At the moment we will think about long, when the price get ~7600

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I also advise you to see my last live bitcoin chart. Namely, the channel, how accurately it corresponds to the movement. Even though I abandoned him, he's still in the game. If we go down, it's likely the correction is over and the 5 impulse has started. If the channel passes, we will probably reach the planned levels

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Attention, perhaps this is a diagonal triangle with the completion of wave 3 correction, if you in the shorts advise you to close it and enter when the border break down. Or not to trade the interval. The risks are great

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the triangle breakout happened down perfectly

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Hello friends. Today I decided to change my view on the situation on the cryptocurrency market again. And so I waited for the price in the pre-designated areas, but now realized that the price has reached it before that time. In the end, 5-5-3 end in the 7600 area, where I assume the rebound over for a long time. We are still going through a clearly defined channel. I will change or add adjustments as the market moves. Watch the market with me. I'll give you the targets for long.

About the alternative scenario. Now he's less likely to perform, but I'm ready to get back to him. Let us observe

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Sorry friends for my long absence. In General, the triangle has expanded the boundaries and recently had its breakthrough then the exact retest. Now a potential flag with a target of 8200-8300 is being formed. Therefore, the initial strategy in the style

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Trade closed: target reached

The target has been reached

TimurKuspanov

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