jalil_m

jalil_m

This is my analysis. Maybe wave E is finished right now. So i entered and end of wave C. Targets are shown in green lines. Trade below wave A, invalidate the wave count. So keep stoploss below wave A.

jalil_m

Bitcoin is forming a triangle as wave 4. Next move target is 50800$ as target 1. If you are a conservative trader, wait for E subwave to form, then go long after breaking of wave d. If you are aggressive trader, enter at end of C, stoploss below subwave A. Be aware that all drawing lines are schematic. ( Just find the waves and trade them)

jalil_m

Bitcoin may turn into bearish. We are in corrective wave B. expecting drop as wave C to about 8000$ .

jalil_m

Midterm short position, Aggressive entry. Enter with sell stop. Exit 50% of position of TP1. Do not risk more than 1%

jalil_m

First Impulse wave including five sub-waves may be completed. I wait for a retracement to the zone shown below to buy again. Expected time for end of the corrective wave is a day in March.

jalil_m

Bitcoin is moving exactly as i expect. This is my forecast for the next few months. I think it should make a rally to upper side of the channel, and then break it for the next move up. If you want to know part by part technical view, join my free telegram channel.

jalil_m

Price Bounced from strong weekly support Bulish shark pattern is formed on daily timeframe Bearish trend line on daily timeframe is broken price is retracing toward support zone (pullback) 2 Entry strategy : 1 - After Bounce from Support zone Enter Long 2- After Bounce from Support put an buy stop order at last high (Less risk and more accurate) I will keep you...