Hello, colleagues!
It's my marking of Bitcoin's chart.
I think, Bitcoin will up now to $7200-7500. Next it will down $7200-6900 on wave 4 (invalidation - $6900, wave 1). Next Bitcoin will go up to $7500-8000. It will wave 1 of C.
On "Submicro" we see the rule of alternation - wave 2 is flat (0,5-0,382 Fibo) and wave 4 is deep correction (0,5-0,618 Fibo). On "Minuskul" we see: wave 1 is slightly less than wave 3. It means, wave 5 can be extended.
My targets:
$7300
$7650
$7800
If wave 5 will be truncated, to price won't arrive at $7160, but correction still won't reach $6900.
It means, Stop-Loss is 6900!
Thank you for reading, colleagues! It's my practic of English and I hope you understand my text)
I will be glad to your questions! For talk with me you can join in our new chat.
It's my marking of Bitcoin's chart.
I think, Bitcoin will up now to $7200-7500. Next it will down $7200-6900 on wave 4 (invalidation - $6900, wave 1). Next Bitcoin will go up to $7500-8000. It will wave 1 of C.
On "Submicro" we see the rule of alternation - wave 2 is flat (0,5-0,382 Fibo) and wave 4 is deep correction (0,5-0,618 Fibo). On "Minuskul" we see: wave 1 is slightly less than wave 3. It means, wave 5 can be extended.
My targets:
$7300
$7650
$7800
If wave 5 will be truncated, to price won't arrive at $7160, but correction still won't reach $6900.
It means, Stop-Loss is 6900!
Thank you for reading, colleagues! It's my practic of English and I hope you understand my text)
I will be glad to your questions! For talk with me you can join in our new chat.
Comment:
It's Leading Diagonal, or Ending Diagonal. Stop-Loss on 6800, target 7500.
Comment:
entry 6970-6820
Comment:
goal 7300 achieved
Comment:
good job Frank, good job :)
Trade closed: target reached
