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zoneofbasem
Oct 25, 2022 6:48 PM

BTCUSD and the new wave to 30K Long

Bitcoin / DollarBitfinex

Description

the king of crypto will start the wave up soon and the target as its in the chart 30K
i think BTCUSD finish the down move before the end if this year and even if there is more down will not be lower this 11 to 13K
the buy started since the JUN ,the blue area is the end as i expect

And that makes me think of two possibilities :

The first
that we have finished the bearish wave in June

The second
we are on the verge of the end and we will achieve 22000 and then return to point B the start the up move



please let me know what you think about it

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not all what need to do is to set the trade to BE :)
if this was the end of the B we are in C wave and it will be fast for up and it will not go under today low and this low could low could be the lowest low this week and maybe this month




its wating game now

i will update if there is change in the structure

have nice day (>‿◠)✌

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took me out BE

we are the blue area and here we can look for long

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as its in the chart were visiting the area A for second time since JUN

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BTCUSD in best area to buy from this area

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we still in the long area but dose not mean its the start
we could have new low at the zone B
that is from the bottom of the zone A
always make sure not to take high risk when you take the trade in lower TF

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nothing change we are heading to 30K

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there is more up wave this not how BTC like to finish :)
looking at BTC and I'm sure we gonna miss 15780 for long time ;)

we are in corrective wave and looking for chance to jump in the next impulse wave >>> as you in the chart the first impulse wave started from 15780 "dotted line" to 30660 "dashed line" then the corrective wave started
that could be small one (correct 20%to32%) or (50to60%)

then the next move up will start

happy trading :)

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BTC hit yellow Line at 35K which mean we done 3 wave (WXY)
Comments
InvestingScope
Great view, thanks for sharing.
zoneofbasem
@InvestingScope, Thank you for passing by. It's always interesting to hear different perspectives and insights in the market
kgblacktiger
agree wtih you that we might vist 13K or 14K then the rocket will lunch
zoneofbasem
@kgblacktiger, yeah could be from area B the end ...... but this month im surer about it *BTC will be green* so dont miss the chance (>‿◠)✌
kgblacktiger
@zoneofbasem, yes it is most likely that November will be green.good job
SwallowPremium
This can happen, thanks for your awesome work!!
zoneofbasem
@SwallowPremium, Thanks for passing by bro
lanreydon
Are you bullish here ?
zoneofbasem
@lanreydon, yes sir
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