Bullish scenario still in play with this leading diagonal. I am expecting the correction to end near 4 th wave and will be a zigzag. If the price will break up the b wave than I will enter long.
Also take look to the related idea.
For take profit I think Bitcoin will hit at least 23000. I will update take profit targets in the near future.
If you like my analysis please give it a like and subscribe for future updates on this trade. Good luck!
Also take look to the related idea.
For take profit I think Bitcoin will hit at least 23000. I will update take profit targets in the near future.
If you like my analysis please give it a like and subscribe for future updates on this trade. Good luck!
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Looking on a small time frame this fit better for the leading diagonal and we have allready hit wave 4th. I will enter long with half of my postion and other on the breakup of the wave 5th. Also stop lose below wave 2.
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Also I am expecting this WXY correction to hot 20600 and than Bitcoin will go up
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Expecting Bitcoin to hit at least 23200 - 24000 for a wave C where I ill take some of my profit 75% from it.
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This is the only bullish scenario. So if it will be Bitcoin is super bullish. Price bounce 0.618 fib retracement. Untill market will prove it move your stop lose to breakeven.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.