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BTCUSD D4: PLAN B 500% gains BEST LEVEL TO BUY/HOLD(SWING) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. READ ENTIRE IDEA BEFORE EXECUTING.
🔸 Summary and potential trade setup ::: BTCUSD 4days/candle chart review ::: this is an alternative outlook ::: let's call it Plan B ::: if we fail to clear ATH next few weeks ::: high probability that we get a pullback ::: off the highs and then 5 wave sequence ::: is a possible outcome for bitcoin ::: seek to buy low after correction ::: 5 waves sequence BULLS ::: right now in WAVE4 correction ::: CORRECTION MODE next 4-8 weeks ::: correction just started not OVER ::: chart is LOG SCALE ::: get ready to BUY LOW later ::: BUY LOW near 25 000 USD ::: entry - after 40% CORRECTION ::: up to 500% gains possible later ::: short-term pullback/correction ::: correction/pullback NOW ::: however chart looks strong ::: SPECULATIVE SETUP ::: do your own due dill ::: and use proper risk management ::: TP bulls is +500% gains ::: details: see chart ::: FINAL TP BULLS is 150 000 USD ::: recommended strategy: BUY/HOLD after pullback ::: Best Reload BULLS near 10cents ::: TP BULLS +500% gains ::: SWING TRADE: BUY/HOLD IT ::: bull run not over yet ::: good luck traders! ::: BUY/HOLD and get paid. period. 🔸 Supply/Demand Zones ::: N/A ::: N/A 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment mid-term: BEARS/CORRECTION ::: Sentiment short-term: PULLBACK/CORRECTION NOW
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Wave 4 makes sense to me, but how do you reconcile it with your advice from 3 days ago? ("buy low near 40K")
JP_LE
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@Chixun, read the second and third note in the summary above.
rogm86
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when in doubt zoom out!
Crypto-cat108
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covid dump is nr 1 in my opinion. That move erased all previous counts.
JP_LE
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Please read read the second and third note in the summary above before you comment.
LuckyTiger
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This makes no sense to me. There is too much support at 30k. If it went below that it would be the end of the bull market. Also, the 4-year cycle of Btc should have us topping out in oct-dec, not next year. Thanks anyway.
SEM_WIWI
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@LuckyTiger, What you say have sens but don't forget nothing is impossible !
PensieriParole
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well , i think if we are going below 30K again support that means for sure bear market to me! don't think we will see 150K next years like you say! It will take much longer!
Frazius
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Seems a bit low. Why should it go so deep?
v184
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@Frazius, Because he says so lol and people like to dream ;)