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FUNTRADER-Vera
Dec 15, 2017 3:13 AM

Btc: to touch 14000, btc need to satisfy some requirement 

BITSTAMP:BTCUSD240
Bitcoin / U.S. dollarBitstamp

Description

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Traders,

There is an assumption here before the red three wave to become true.

A combination of bearish candlesticks appear on the blue top zone level.

If BTC cant pass the blue zone, we expect it drop down to
break the red trendline down to orange zone, targeting 14000 round.

Xmas promotion is on!
Check check check!
Less is more!

Comment

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Comment

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Btc made a new high again.
The assumption of this idea is not right now .
Trend AnalysisChart PatternsWave Analysis
Comments
dnsswi
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Thx for the analysis!!
TristanWallace
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It did punch through resistance but not looking strong, 4 hour candle I doubt will close above the line. Doesn't look it'll hold, I call fake out and agree with you. That said hedging my bets and keeping some in BTC!
FUNTRADER-Vera
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@TristanWallace, Thank you for sharing you idea here.
Regarding to RR ratio, now its just small range of stop loss.
Worth a try.
zeeshaan001
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@FUNTRADER-Vera, I think it will go above 20k and then drop to 17500 zone and then run for 25k zone
FUNTRADER-Vera
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@zeeshaan001, Now turning out that is more possible than droping down first.
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