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.
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1hr on request
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I personally don't trade this pair since my account does not allow it. (agreement with investor)
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.
meghal.jani
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This structure looks like an expanding flat correction.
FluidicFX
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Yes, looks like 5 wave with orthodox top, followed by flat.
TheSmartBoss
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and now you think any way for bitcoin
altcoins_trading
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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?
Kappy
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I agree. Just published my count. I believe this is an ABC correction.
hao
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Are you seeing a short opportunity right now, with price currently hovering around 585?
Ani
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thank you for the chart
wonkytonkydonky
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just an idea
nahidik
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Thanks for your idea Anil. We may have another recurring theme.
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.