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UnknownUnicorn3511625
Aug 7, 2019 10:33 AM

Bitcoin price overview (waves) 07.08.2019 Short

Bitcoin / DollarBitfinex

Description

Hello!
We recommend considering sales from the level of 12450 and 12750 with stop loss at the level of 13150.
We also recommend that you expect a price correction to the level of 10000 and below.
In other cases, we advise you not to perform any operations. An alternative is possible.

Comment

Hey all!
The upward movement is likely to continue.
As before, we expect testing levels of 12550, 12750.
From these levels we recommend selling with stop loss at 13300.
The amplitude of movement in the wave E (Minor) indicates a high probability of a decrease in the price of bitcoin to 10,000.
Comments
Bullandbeartrading
Fine short analysis chum!
semasters
Leg D complete...will be have a Leg E back to 11,547 - 11662 (.786-.618 of Leg D)?
semasters
@semasters, Leg E (and triangle) complete. Now...will it hold?
semasters
Potential Wave 4 triangle forming...leg D in progress.
p2hku
@semasters, Yes that's what it looks like
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