BTC will have short-term adjustment before go into a new wave
Hi guys, this is my first post on Tradingview, I’ve never published any chart before. Hope my knowledge will help you have the best view of the market, especially Bitcoin. We have many years’ experience in this market, mainly indicators from Elliot waves. Below is some of our thoughts today:
D1: On D1 chart Bitcoin is on rising corrective wave B, from the bottom on Feb-06-2018.
H4: On H4 chart we are on corrective wave C, wave C will end soon with the Buy Zone indicated in the below chart! If you missed the earlier chance to buy, then this is a good buy zone for you ( you can see buy zone in chart )
We have a lot of experience in this market, here are some advices for you: If you are a good trader, we will never spend all of your budget on 1 price point; in fact, it’s difficult to have accurate consideration, so spend part of your budget at the point we recommend; the rest of your budget is for precautionary because Bitcoin can greatly adjust to Fibo 1.27 or 1.41
Don’t worry if you bought at higher price before reading this post, because with this wave sequence you will be able to sell at Fibo 1.618 at the next impulsive wave, which is coming in a few weeks!
If you find our post useful, please give us a BIG LIKE Your support will be a great motivation for us to update chart every day! If you have any opinion about this chart, don’t hesitate to comment below! Discussion will make us better! Thank you, guys!
D1: On D1 chart Bitcoin is on rising corrective wave B, from the bottom on Feb-06-2018.
H4: On H4 chart we are on corrective wave C, wave C will end soon with the Buy Zone indicated in the below chart! If you missed the earlier chance to buy, then this is a good buy zone for you ( you can see buy zone in chart )
We have a lot of experience in this market, here are some advices for you: If you are a good trader, we will never spend all of your budget on 1 price point; in fact, it’s difficult to have accurate consideration, so spend part of your budget at the point we recommend; the rest of your budget is for precautionary because Bitcoin can greatly adjust to Fibo 1.27 or 1.41
Don’t worry if you bought at higher price before reading this post, because with this wave sequence you will be able to sell at Fibo 1.618 at the next impulsive wave, which is coming in a few weeks!
If you find our post useful, please give us a BIG LIKE Your support will be a great motivation for us to update chart every day! If you have any opinion about this chart, don’t hesitate to comment below! Discussion will make us better! Thank you, guys!
Comment:
In 1H, Btc is entering the final wave, preparing to end a corrective cycle
