BTCUSDT Waves. Under the microscop.(14.10.2017)Hello. So far, we have removed the markup with a large correction and left only a bullish version.
According to our calculations, we are in 4 wave (violet). Its character can be similar to a shallow 4 wave (black). The price can touch the level of 6000-6100, complete wave B (black) and go down sharply, work out the correction level 5300 and the channel boundary.
We are guided for purchases to the level 5300.
Srvpbm
BTCUSD Waves. Under the microscope.(06.10.2017)Presumably the diagonal triangle is formed in the direction of growth. The key barriers that were important to us (4250.4350), are broken, and now we are looking to buy. Because we drive this movement in wave 5 (violet), as the final model for growth, we will be extremely cautious in decisions with a set of positions. The reason is very simple: the movement can be very sharp, with the same rapid decline in prices.
Purchase at correction to 4250 (4350 at growth above from current values).
Work with a short Stop loss.
BTCUSD Waves. Under the microscope.(04.10.2017)Another local correction was formed, the nature of which indicates the existence of a zigzag. We are happy about this, because there are prerequisites to confirm our intuitive sense of price growth to 4550. We follow the character of the upward movement and we will not hide that we do not like it and looks crooked, however. If the movement regroups into a wedge converging, divergent - we have a hand on the pulse. We will buy with a short Stop Loss.
The logic of the market. Usually such situations always occur.The price does not finish the key point, and bidders begin to prematurely enter positions against the past movement. This moment usually occurs in wave 4 (orange), so we are leading it and do not see until the clear end of the impulse from 22.09. In counting for the waves, we have 4. There is not another wave.