anilmangal

BTCUSD THE POWER OF WAVE ANALYSIS!

BITSTAMP:BTCUSD   Bitcoin / Dollar
6197 15 169
Hello traders, please click on the charts I pinned to see how you can use wave analysis to forecast any chart!!
I believe the up move is short lived and a downtrend will start soon. As usual, I want to see an impulse down and a correction before I start to look for any sell setup.

You can either use what works to trade or throw everything at the wall..
Trade with care.
Thanks for your support.
Comment: 1hr on request
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Comment: I personally don't trade this pair since my account does not allow it. (agreement with investor)
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great stuff Anil, thanks for sharing.. what do you expect next?
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and i think you should follow it on "BTC/USD bitfinex" exchange where the big volume coming from. price went 40$ higher there
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Please use-
Big US exchange:
BTCUSD Bitfinex
Big Chinese exchanges:
BTCCNY Huobi
BTCCNY OkCoin

Futures
BTCUSD1W, BTCUSD3M - OkCoin

The data from bitstamp is not as reliable to chart as the bigger exchanges.
+2 Reply
This structure looks like an expanding flat correction.
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+1 Reply
FluidicFX PRO meghal.jani
Yes, looks like 5 wave with orthodox top, followed by flat.
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Thanks Anil. Strange how last wave in the daily is all greeen.
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Genghis FluidicFX
click the play button on the chart to update fella
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Hopefully the down trend you project is just a pull back to 400 levels before it takes flight again.
BTCUSD Shaping Up
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Thanks for your idea Anil. We may have another recurring theme.
XBTUSD Smallball strategy
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just an idea
might be wave 4 unless 510 breaks confirmed
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thank you for the chart
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Are you seeing a short opportunity right now, with price currently hovering around 585?
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I agree. Just published my count. I believe this is an ABC correction.
Coinbase Elliott Wave count take profits await short opportunity
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have you checked it lately? it went even more higher :) almost a 300$ move from your first call.
does it look it has more fuel or likely a retrace from here?
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and now you think any way for bitcoin
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