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Elliottwaveanalyis

BTC Elliott Wave tradeThis is my plan to entry for a long positions on Bitcoin. I am still bearish on Bitcoin and I will show after this my trade setup for short positions, but anyway the market can do anything and if it will go long than I must see something to enter for a long position. Only count from here is to have an bigger 1 wave and now multiple 12 12. The last 1 wave it can be this expending leading diagonal and after the correction I would enter for a long position after the price breakup the B wave. The correction can also end in the area of 4th wave from the expending leading diagonal . Invalidation will come if price goes below wave 2 from the first 12 formation. I will keep update this trade setup so if you like it subscribe for future updates
COINBASE:BTCUSDLong
by Cross10XSignals
BTC Elliott Big ABC DONE, What now?Just sharing we can see that wave C already has 5 waves in it but maybe wave V of 5 of C it's ocurring now to build a final push downside But, does this mean that correction is over?? Noone knows only time will tell On the past btc has taking much, much longer to finish correction, so i don't think is over (but that's just an opinion) After C its complete we might see uptrend, or flatness, nothing of this tell me the correction is over, because it might be building a complex corrrection (WXY, like the white dashed wave on chart), so this big ABC that is already done would just be wave W, and we should see next the X wave (with 3 waves in it, blue dashed wave), after that wave Y, so more correction on the way. BUT, if the wave that it's coming has 5 waves in it (like the yellow dotted wave in chart), then it would be a sign that correction is over, and we could look for on uptrend.
BITSTAMP:BTCUSD
by sebastacio