Nickonomics

BTCUSD Short-Term Update: Deeper Pullback Scenario

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Wave analysis suggests that selling pressure may continue today and into the weekend. This wave count is bearish . We need more price swings to be completed to apply appropriate pitchforks , so stay tuned for updates. Most important levels are drawn on this intraday chart.
Comment: Trying to find support @pitchfork's signal line. Watch these 2 forks for breakout setups:
Comment: That's what I meant by saying watch the forks for breakout setups. Classic pitchfork trade:
Копи-трейдинг с NixFutures: https://www.mql5.com/ru/signals/541035
Сигнальный сервис Nix BitMEX. Статистика за январь: https://1drv.ms/x/s!Ajd5AIC0Lu0am1NPmybTxokSKhvr
Телеграм-канал: https://t.me/NixTradingRu
Обучение: https://Nixtrading.ru/
nailed it
Reply
Very good analysis.. in your opinion, where the price will up again?
+1 Reply
@fzl_btc, It depends on time-frame, as I believe, Wave 3 of the main trend has either ended or it will end sooner than later. Then comes corrective Wave 4, and then the next best buy opportunity. I will update on longer-term trend soon.

Reply
Eudoxiu Nickonomics
@Nickonomics,

(4) was on May 4-7
you can check the duration of 2 and 4

the top is in
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Send feedback Ideas Published Followers Following Private Messages Chat Sign Out