Xbtlong
Expecting more pullback in BTCI wouldn't be surprised to see Bitcoin continue to pullback, especially with how aggressive the most recent sell off is. We'll see how price responds if it makes a new high, but I wouldn't expect a full reversal just yet if we get one. Price is hinting at creating new relatively short term (M15 + H1) highs. But also be prepared for further intraday pullbacks. We'll see what tomorrow brings us, but based on a WXY wave count as well as strong responses in PA, higher prices in the short term seem very likely to happen.
BTC, NICE 15% UPSIDE, INVERSE H&S BREAKOUT AND RETESTKnife Cut signal worked very well with a nice 15% upside.
Bounced from diag 2, and now i expect diag 1 test, that is near 56k.
We can see that the structure is Inverse H&S breakout and retest, that will lead to ath, and maybe even more. Expect anything from bitcoin.
Enjoy
DON'T SLEEP: BTC will drop to 10500-9500 very soon!Short-term trading plan within the framework of description:
Buy now with stop loss at 11450 and take profit at 12300.
We continue our column about the nightmare fall in the price of bitcoin.
The price begins to subtly hint at the possible formation of the "Wedge" pattern in the 5th wave of the current impulse: in a more precise interpretation, this pattern is called the final diagonal wedge.
The final diagonal wedge is characterized by the presence of 3-wave patterns in both waves 1,3,5 and corrective waves of 2,4.
Of course, while there are no fully formed waves 3 and 4, it is too early to declare a similar situation with 100% probability.
However, nothing prevents us from making adjustments to our trading plans at any time :)
Bitcoin: Locally prospect 16.06.2020Hello everyone!
Price continues to move within of framework of our wave map.
We all also believe that price is moving within the upward correction channel. The optimal level for the purchase can serve as the bottom line of the channel.
In general, we are continue to expect Bitcoin price growth within the framework of the impulse waves.
Good luck to all!
Price BTCUSD today (03.06.2020)Hello everybody!
The price of bitcoin continues to move according to our trading plans.
At the moment, we will expect a decline to the lower boundary of the channel. Perhaps a downward wave will makes in the form of a wedge model.
In general, we are bullish and currently 70% confident that Bitcoin will continue to rise above 14,000 in the near future.
Good luck to all!
BTCUSD: Locally prospects Hello everyone.
Bitcoin declined as part of a price correction.
At the moment, we believe that the price is near good support levels, from which to make a purchase.
If we consider the medium-term prospect of growth in value, then we still believe that the price is in correction, the model of which will probably take the form of an ascending plane.
Good luck!
Triangle model at BTCUSD is possible (11.05.2020)Hi friends!
In anticipation of Halving Bitcoin, we are considering the possibility of forming a correctional model in the form of a triangle.
At the end of the graphical model, it is worth considering purchases up to 16,000, possibly higher.
If the correction model is not confirmed, then we can expect a continued decline in prices to the level of 7000, possibly lower.
Good luck to all!
BTC: Growth prospect (02.05.2020)Hello everyone.
In the past, we expected a local correction, where we planned serious Bitcoin purchases.
Our plans were unsuccessful.
Today we plan to buy at a local correction in wave 4 (the key levels for manipulations are 8200, 8050).
In general, our “bullish” mood remains in force. At the moment, we see no signs of market weakness in the medium term.
Good luck to all!