


If we assume that 8200 has finished the wave 'e' of the huge triangle, Now BTC is trying to breakout the upper border of the huge triangle. But 1D MA60 is suppressing the price now. So everything is depending on if we can see a huge volume of position K line and if it pump up through the border together with 1D MA 60. If goes up, the target will be around...
If in next week 1D MA60 resistance is still there,hold your short postion to 7800 to 6000 (1W MA200)
Now the last wave "e" of the huge triangle forming. Looks like the wave 'e' coud forms as 4 possibilities: A zigzag: now A of this zigzag comes to the end with around 8600. then goes up to 0.5-0.618 fib with B, and C will hit 7700. Finally it will breakout to 8350+17000=25350. A small triangle: wave a of this small triangle willl hit...
Dear Friends, Long time no TA, Here the huge triangle comes to the end soon. Now wave 'e' forms a small triangle also. I'd estimate 'e' would end between 8600-8100 and start the breakout by then. Target would be around (8600+17000=25600). Happy trading!!!
Possible. 14000+ would be the top this round and back to ~5000!