HurricaneCapital

BTCUSDT: Elliot Wave Intraday Trading

Short
BITSTAMP:BTCUSD   Bitcoin
Hello everyone

Bitcoin price has formed an upward correction in wave 4, after which it may continue to decline rapidly in wave 5 of wave 3 (in medium-term wave 5 of wave C in ABC wave pattern).

The general dynamics in the derivatives market is a bit strange, so I marked a critical level of activation of alternative versions of the situation.
I do not publish the alternative scenarios yet due to their ambiguity.


In general, now is an excellent place to open a short position with excellent risk to profit parameters.
It is possible to open a short position now and increase the volume on a breakdown of the minimum of the current wave 3.

Best Regards,
CEO Tornado Capital

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