BTC/USD - WXY Correction

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
722 5
We are now out of the channel.
- We could have another fall - WXYZ
- Wait for clean break above resistance for buy
Comment: imo wave 1 of 3 is done, watch for dip to buy & add on breakout

will not be updating this one
Trade active:

bought the pullback @ 618 ret

we shorted it all the way from the top at the resistance trendline,
took profit at the bottom.
Now riding it from the bottom of wave 3.

I hope my analysis has made you profit/saved you money/served its educational purposes.

If you are feeling generous, you can buy me a dinner @
- LTC: LM5CU6BwwykrxNrfCeqxrGDgKUg3PPXQEe
- BTC: 1GHgusV4WKwdF5gP8e6cJU2SuLqAwvTscd
- ETH: 0x446c9684a3749bbff80b1c43087f1531843a5d01

Comment: looks like we're having another X
Now in Z

Check out my first video on trading view!
Hi. To learn, that zone defines it above crossing EMA50 and EMA 200 4H or some other technical parameter? Thanks for sharing.
AlexCH gusccbb
@gusccbb, no indicators used in this case, you can ignore the EMA50 on this chart, it did not contribute to my reasoning
gusccbb AlexCH
@AlexCH, Tks.
That interval ...
AlexCH mmmp12
@ja.piotr.bor, lol
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