BTC. I am waiting for a rollback of up to $ 4,750.hello colleagues last week was complicated and depressed. The critical point for buyers is $ 3750. On wave analysis at this price, wave c = 0.786 wave a:
Also, if we pay attention to the horizontal volumes, then we came to the liquid zone, where it is possible at least a rebound.
if you look at the 12h timeframe, then we see a clear local level of $ 3900. This is a critical point for buyers. If buyers keep this level, growth will continue with a high target of $ 4750. The first temporary level is $ 4,300. In the previous idea , I wrote that I expect a fall to $ 4750. Since at this price wave is c = 0.618 * a, however, the adventurers were able to break through this level and now it will be a good area of resistance for sellers.
If we analyze the shorter timeframe, buyers are beginning to try to slow down in the region of $ 4500-4750. The first market buy and limit orders that held back the price came in this price zone. Now buyers are actively trying to buy good volumes. So far, the price does not increase especially, but there is some kind of interest, which indicates a high probability of rollback:
So this week I see 2 scenarios:
1) the price will be traded in the range of 3900-4100 $ and then the following week, the rollback will start to 4750
2) this week, the rollback to the target of 4750 after the test starts at $ 3,900
Btcwaveanalysis
Good Bad Ugly ! - 3 Plan Of BTCHello to all my dear friends
In the previous section, we reviewed this chart ...
We are currently starting the third wave
Due to the large amount of investment at this point, probability will be among the best support lines for our future
Well, we have three options
Probability of Plan A:
From 11400 we start to climb and go up to 12,000 and retreat
This plan is 70% likely to run
The probability of Plan B:
We'll be investing between 10800 and 11,600 for a short time and then back to the 13400 support line.
The plan is 25% likely to run
And but ...
The last chance
The probable occurrence of Plan C
In this plan, we can not cross the resistance line of 11600 correctly
If this happens, we have 10800 strong support, which is very likely to fail
This plan is 5% likely to run
...
Finally, if you're the one who believes Bitcoin falls to $ 3,000, I'd have to say that it's likely that this incident is 0%.
Reason: The market is growing at a very low level of capital
If we had a lot of capital and we were going to decline, this might have happened, not in these circumstances
...
Comment: Immediate refueling will be done at a very high speed, and we will easily reject the 12,000 border
...
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Thanks to all the loved ones who supported me
Good luck