hello ladies and lads.
Pattern:
Bitcoin can be at the end of its 4th wave and at the start of its 5th wave.
Time: we are near to a time Cluster:
Second wave ERet: 2.00 fib
Third wave IRet: 4.00 fib
Momentum:
in both Daily and 4H time-frames, DT Oscillator is in Over Bought situation.
There is a possibility of short positioning if there would be a strong BEARISH candle around 40000$
Of course this can be invalidated if 40000$ resistance broke with a strong BULLISH candle which has great volume within it.
Pattern:
Bitcoin can be at the end of its 4th wave and at the start of its 5th wave.
Time: we are near to a time Cluster:
Second wave ERet: 2.00 fib
Third wave IRet: 4.00 fib
Momentum:
in both Daily and 4H time-frames, DT Oscillator is in Over Bought situation.
There is a possibility of short positioning if there would be a strong BEARISH candle around 40000$
Of course this can be invalidated if 40000$ resistance broke with a strong BULLISH candle which has great volume within it.
Trade active:
in daily chart now can see a candle stick pattern called "evening star" right under 100 and 200 EMA + 40000$ static resistance.
based on this sign, you can open a sell position with SL above the 41500$. and your 1st TP = 35000$ and as the 2nd TP you have 32000$.
but be-careful if we are in 5th wave, there is a possibility for Truncation.
thanks for your time guys.
Good Luck!
based on this sign, you can open a sell position with SL above the 41500$. and your 1st TP = 35000$ and as the 2nd TP you have 32000$.
but be-careful if we are in 5th wave, there is a possibility for Truncation.
thanks for your time guys.
Good Luck!
Comment:
Bitcoin is going down heavily at the moment. the odds are veryhigh to see another low now. or at least a truncated of a 5th wave.
Cheers.
Cheers.
Comment:
this is going well.
RISK FREE it if u didnt,
hope we get our TPs.
cheers!
RISK FREE it if u didnt,
hope we get our TPs.
cheers!
Trade closed manually:
Close All Your Trades.
Dont Be greedy on this one.
hope you all had a nice sell position.
good luck
Dont Be greedy on this one.
hope you all had a nice sell position.
good luck
the TPs (1st TP = 35000$ and as the 2nd TP you have 32000$. ) are still possible.
Cheers!