Long

Let's making profit by navigating bitcoin waves

Updated

We can see a lot of people are undecided about what the market direction will be for next days. We still in bearish mode for bitcoin, but this is not a reason to private our-self making some profit by navigating between waves. I see a bearish (sym) triangle, and a possible target to 7200-7400 by going to C wave
Entered 6950 SL 6900 TP wait for update

Order cancelled

I took some profit near 7100 but SL triggered after the "mega" dump

Comment

So I updated the triangle :

Note that a possible Wolfe wave is happening if the price get to 6400-6300 support

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.