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StefanBode
Aug 28, 2018 8:26 AM

Bitcoin - Trading plan Works 

Bitcoin / U.S. dollarBitstamp

Description

For some time, I have not published a new Bitcoin-analysis and just updated my old releases for my subscribers. But to get back into the field of view of the TradingView community you can see here the current and my favored way of counting Elliott waves for-Bitcoin. Currently, the Bitcoin-should be in the run-up of the (e) and complete there a higher circled b. Then I expect a final sell off to put the Bitcoin-community in the oath of allegiance before a new run should start to all-time highs.

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Rise within the correction I would find quite good.

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The 61.8% was missed with just under $ 8 and I would therefore considered satisfied. With that, I can point to "ice" again, especially as the Evening Star on Sunday evening gives a nice final image and confirmed the trend change to the south.

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Hi Risk, only an Idea.

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Reduce Risk to 1/3.

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What do you think about that? My Idea at the moment.

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Ist wave 5 of c of B ready? To early, but possible.

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Good Morning. The red (4) could now be finished and now wait for the first impulse of the red (5) in the chart marked as (i). Trading idea (riskier) at BitStamp current: SL $ 3,550 targeting $ 4,150. TradingIdealIdea: After initial startup of (i) the entry is sought. SL would be today's low, target remains the same with $ .4.150 and SL follow suit quickly.
Comments
Ronnie_Dong
ovlharishkumar
Thanks for the post. Look forward to the analysis playing out.
Trading2ez
Same conclusion
StefanBode
@Irasor, thanks.
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