#BTC Update (1h) / After a boring and stressing moment of looking his support around 7750$ BTC is building his C wave. Please find below a proposal of the structure. Good luck with your trades ;-)
#BTC update => We will probably touch the resistance today, if you have a bullish conviction, wait for a confirmation before to enter in a lng position (to let you know it's a risky counter trade) Good luck ;-)
This is my ABC correction, I'll not trade in the repulse magnet area, too risky.
#BTC => Bearish potential scenario * Last 5th Wave og the general trend (target around $4900, 0.61 Fib.Retrac.) * Underconstruction trhough ABC correction of the sub wave 4 (target around $9500) * To have a reversal bullish trend scenario, we need to break 2 strong resistances (around $11000 & $1300) Good luck with your trades my friends ;-)
Dear friends, 1) We are still in the rising wedge (ABCDE) 2) Breakdown structure under construction ( wave 2 of the wave 3 of the Last WAVE E) 3) At the end of the wave E, We will probably see an ABC correction I’ll keep you update my friends, Don’t hesitate to like and follow ;-) Good luck with your trades. Mehdi Green $$$Disclaimer : I’m not financial...
Let's have a look on a smaller timeframe (#BTC following his track to ABC retracment)
Dear friends, 1) We are in the end of bearish impulse( Descending 5th Elliot Wave) 2) We see a bullish divergence with the price and the MACD indicator 3) We should retrace now (4th Elliot Wave of the general downtrend) I’ll keep you update my friends, Don’t hesitate to like and follow ;-) Good luck with your trades. Mehdi Green $$$Disclaimer : I’m not...
Dear friends, 1) We are still in a Descending 5th Eliot Wave (target 7200$ - 6900$) 2) We will see a little bounce and than enter in the last 5th subwave 3) New Uptrend move (target 9200$) I’ll keep you update my friends, Don’t hesitate to like and follow ;-) Good luck with your trades. Mehdi Green $$$Disclaimer : I’m not financial advisor, this is just for...
Dear friends, 1) Breakout of RISING WEDGE the bears take over the bulls. First battle win but not the war. 2) Downtrend move Targeting around 6900$ to 7200$ 3) New reversal Uptrend move to 9200$ I’ll keep you update my friends, Don’t hesitate to like and follow ;-) Good luck with your trades. Mehdi Green $$$Disclaimer : I’m not financial advisor, this is...
BTC Billateral Patterns (Ascending triangle) Dear friends, 1) Breakout of the Bearish pennant to RISING WEDGE (still bearish scenario) 2) We can see the new apparition of BTC Billateral Patterns (Ascending triangle)=> 2 possibilities UP or DOWN!!!! 3) If BTC decides to breakout 8600, the bulls will take over. 4) New Uptrend move around 9200$ I’ll keep you...
Dear friends, 1) Breakout of the Bearish pennant to RISING WEDGE (still bearish scenario) 2) If BTC decides to breakout 8600, the bulls will take over. 3) New Uptrend move around 9200$ I’ll keep you update my friends, Don’t hesitate to like and follow ;-) Good luck with your trades. Mehdi Green $$$Disclaimer : I’m not financial advisor, this is just for...
Dear friends, We can see the formation of a bearish pennant for the 5th Eliot Wave. We can expect a reversal trend around 7200$-6900$. I’ll keep you update my friends, Don’t hesitate to like and follow ;-) Good luck with your trades. Mehdi Green $$$Disclaimer : I’m not financial advisor, this is just for education purpose only$$$
Dear friends, We are in a downtrend channel, I did an estimation of the 5th Eliot Wave in a downtrend move with Fibonacci Retracement (sarting at 6000$) and Fibonacci Extension from the down wave 1 & 2. The 5th Eliot Wave will end around 7200$. We will see a reversal to an uptrend move till 9200$ Let's see what BTC will decide against the TA ;-) I’ll keep you...
Dear friends, After the formation of a bearish pennant as predicted, we had a retracement of ABC till the strong support 9300$. the ABC retracement makes a bearish flag indicating a fall till the next support around 8900-8200$. Please have a look on the Eliot Wave in a downtrend channel. I’ll keep you update my friends, Don’t hesitate to like and follow ;-)...