Contrarianeyeview

BTCUSD: Simple Signals to long (chart tells all)

Long
Contrarianeyeview Updated   
BITSTAMP:BTCUSD   Bitcoin
Chart tells all, looking for a 1D close above zones labeld , if rejection we have a very nice long shot underlying
fibs taken from prev all time high, recent and intraday. indicators , EMAS/ SAR / TREND FILL , MACD , STOCHRSI , fIB tools , Elliot wave , candle patterns all in confluence
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the 3rd long is taken from the 50day ema/fib confluence
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also on our prev chart noted long scalp a break f the medianline from the musk pitchfork, this charts trending PF is taken from the prev ATH 41965 (Swing high to low as per t.a)
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prev t.a given before break.
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Further T.A (When to long theory) , as stated a 1D close above 52441 would have us now looking at a very important fib range and pattern to go long from 52600-51457 on a valid re test of break out zone as support keeping eyes on the 2 and 4 hour candles for reference (high-low,higher high , higher low ect) for a bounce into the 55600- 59XXX - 6227X PRICE RANGE, for a % gain of 6/13/ up to 18% , the extension after a new corrective above this possible new long zone is around the 37%-45% range - , (not in one move this would be after a new high time frame ABC after targets mentioned above with a 5th wave ending the old pattern on the new long entry range after the possible daily ath is printed then we would have our abc into a 5 wave count move into the top target discussed , so there you have it, if we are to reject from a daily close above with the 4h candles failing to trend up, look to long on the lower demand blocks for a conclusive 5th wave completion with this new high we are setting on the 1d. feel free to add to this analysis
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