We can see these cycles constantly recurring and repeating themselves. If my geometric calculations are truly, then BTC must correct to $4800-$4850 in the next 12-24 hours, and then reach a new ATH at the beginning of November (top of wave 5) in the $6400-$6450 area. Not a trading advice! Wait for confirmation of correction level at $4800-$4850 first.
BTC now at the top of the ascending channel, and arrested by the fifth arcpairs. There are some grounds to assume a trend reversal. Important dates (+- 1 day): 22-Oct - probably $5200 will be broken 15-Nov - probably long-term support will be reached Please remember that all trades you make at your own risk!
Waiting for clear signal (breaking up -45 angle or breaking down 45 angle). And remember, all trades you make at your own risk.
Please remember that all trades you make at your own risk.
Please remember that all trades you make at your own risk.
Buy when candle finally closes above 3rd pair of arcs. Sell around 4th pair of arcs.
Buy when the candle finally closes above a third pair of arcs. Sell around 4th pair of arcs.