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TradewithLu
Aug 6, 2019 4:52 PM

BTCUSD Short Term Trade Opportunity (Buy)  Long

Bitcoin / DollarBitfinex

Description

Action: Buy at Market Price between $11644.7 and $11139.3
Stop Loss: $10864.6
Take Profit: $12324
Order valid: 24 hours from publication

Wave 3 was exactly 1.618 x wave 1, so wave 5 could be at least 0.618 x wave 1, added onto the end of wave 4. If wave 4 ends at the 23.6% retracement of wave 3, the profit target will be higher. The target I have given is the most conservative, but I believe wave 5 will be the same length as wave 1 added onto the end of wave 4.

Disclaimer: This material should not be the basis for making investment decisions, nor be construed as a recommendation to engage in investment transactions, and
is not related to the provision of advisory services regarding investment, tax, legal, financial, accounting, consulting or any other related services, nor is a
recommendation being provided to buy, sell or purchase any good or product.
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