there is possibility of huge pump if LRC/BTC can breakout. therefore, i suggest that set buy orders above resistance .
bitcoin will remain bullish for long term IF it can hold 4800 BUllISH scenario -according to Elliot it can be 5 wave impulse and 5th must be completed -according to fractals we will have at least 3 years uptrend stop lose= close weakly below 4800 targets: end of 2020: 20000 end of 2021: above 100000 Bearish scenario(low possibility) it can be a big ABC wave...
hello friends here i counted EW from primary to minuette. already we are in wave 4 of primary wave and Corrective Waves of minor some information about wave 4: At the end of wave 4, more buying sets in and prices start to rally again. Wave four is typically clearly corrective. Prices may meander sideways for an extended period, and wave four typically retraces...
this is fractal and some patterns that can help us to decide what to do + me personal trade setup that if you like you also can use generally i think btc will dump hard from here or 4200 area ( if will not break out 4200..) just look at bear flag and fractal and some indicators like RSI and StochRSI and... there are some sign of dump. so i have a plan for it if...
scarry drop will happen if btc can not break out again. becareful guys it is very strong resistance...
btc is on strong support so i'm 70% bullish. and i think we do not see new low yet. even if btc dump again it won't make a new low. stay safe and don't forget SL
qkc at strong suport can pump if btc stable
good to buy with low risk with just 1% sl. if drop more can buy in next strong support