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tntsunrise
Jun 29, 2018 6:32 AM

BTC critical point comes Long

Bitcoin / DollarBitfinex

Description

BTC critical point comes

5755-5904 is previous demand zone
Now price has come to this area again

consolidating now.

If the seller failed to break new low,
we can buy

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Target Already hit, remember to take some profit

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Nice pull back to 0.618
and 6170 becomes support

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Great Buy from 0.618

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bravo!

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Happy with the result?

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FROM 5900 to 7500, 1600 usd move captured!

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Now is 8200
if tri-angle breka up, will continue rally to 9000-10000

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tested previous support
Comments
G1979
You are the only reasonable trader in TRADING VIEW, love your work man! Most people publish fancy targets with no real trading value behind, moons, lambos, crashes etc etc!
la40
BTC need to correct after the last rally. 5 waves up are easy countable so we are now in correction. Most likely to touch 6800-6400 before the next rally up. Good luck!
FrederickDupont
@mirmidon86, we are in the third wave...
la40
@FrederickDupont, If we are in 3th then this wave extend 2.275 the 1th witch didn't happen since the last bull market. I don't see the market so bullish, no volume. Volume in bull market 10M and above , volume now 4M-5M. Daily RSI need to reset too! The last created symmetric triangle will break down soon and BTC will drop hard at least with 1000$ in the first day. As I say 6800-6400 good buy zone, buying now is FOMO. Good luck!
Sharky8899.
@mirmidon86, man ask you bank account about Your oppinion. Tought so.... nothing to ask aint it?
la40
@Sharky8899., I don't know about my bank account but your is empty for sure. So naive!
cpiljoo
@mirmidon86, 3rd wave dude
la40
@cpiljoo, OK dude, go all in (*_*)
ChocoReo
@mirmidon86, good point man. I still think btc will spike to 8.5k then back down to 6.8k before rally to 9k
Jorgechileno
Bravo to you sir
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