Assumption: BTCUSD has finished a higher degree Waves 1 and 2, and a lesser degree wave 1 of Wave 3 has been playing out. In lesser wave 1, a subwave 4 completed and subwave 5 has begun.
Subwave 5 could rise anywhere between 300-361% based on subwave 1 and 3. However, overall Wave 3 target is much higher, indicated by the horizontal line.
Trade together, paid together.
Subwave 5 could rise anywhere between 300-361% based on subwave 1 and 3. However, overall Wave 3 target is much higher, indicated by the horizontal line.
Trade together, paid together.
Note
5 min timeframe’s correction below. Will post prior 15 min TF’s momentarily.Note
Recently on 15 min TF.Note
P.S. Always remember to expect sharp pullbacks if you buy with leverage.Note
Hope you’re set long. Distribution has completed on 1 min. Now comes the impulse waves upwards.Note
Also has completed on 5 min. Last tip of mine for now. Don’t want to expose my entire trade setup :pNote
I’ll share one more to suggest caution at region between blue horizontal lines, which starts at about 8760. Could bounce and wreck over bought traders.Note
Pssst.Note
That was rough. Looking more optimistic now. Three touches!Note
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Look out for bounce here.Note
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For the gamblers out there:Note
Didn’t hold. Should have shared the zoomed out chart. Was pretty close estimate (8796) of pullback price.Note
Go time!Note
Doesn’t matter how I skin it, the target is about 7250. Will consider posting chart but trading has been difficult today and want to first ensure my position.Note
Here’s the update.
Note
Look at that retrace after hitting play. Time to buy buy buy till target. You can support these ideas by sending only btc to the wallet in my profile. Buy buy buy till target.
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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.
Related publications
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.