JH_CryptoTrading

Post BTC EW 1-5+ABC down

JH_CryptoTrading Updated   
COINBASE:BTCUSD   Bitcoin
So we have had a sharp sell off around 10,000 USD people happy with the attached indication i posted Aug 24 - crash occurring 7 Sept - (see posted Elliot Wave + ABC correction)


Volume has sharply declined after bouncing 44K we are now seeing sentiment change and liquidity lowering to demand levels of the following;
Entry 1 43k
Entry 2 42.3k
Entry 3 40.679k

Trade with stops in place do go to early

I don't not expect the price to go below the yellow line. This is our HTF Week base support created when pushing through 40 with the short squeeze from 30K.

If you like this analysis please give it a thumbs up !




Trade active:

target 1 approaching all .... strap in
Trade closed: target reached:
All 3 targets achieved over night - great trade

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.