Get started
SignalsProvider

BTCUSD - SELL IDEA

Short
Bitcoin (BITSTAMP:BTCUSD)  
SignalsProvider  
BITSTAMP:BTCUSD   Bitcoin
Harmonic Patterns Chart Patterns Wave Analysis BTCUSD btcusdshort cryptomarket trading investing newsignal freesignals signalservice telegramsignals
3
0
harmonicpatterns chartpattern waveanalysis btcusd btcusdshort cryptomarket trading investing newsignal freesignals signalservice telegramsignals
Analyzing BTC/USD on the 1-hour chart using Elliott Wave Theory, I observed that wave (5) marked the end of the recent upward move. Following this, wave (a) initiated a downward correction, and the recent upward correction formed wave (b). Now, I am expecting wave (c) to continue the downtrend. The potential targets for wave (c) are:

- 67847, which aligns with the length of wave (a)
- 66115, corresponding to the 1.618 extension of wave (a)

This setup suggests a short position on BTC/USD, targeting these levels as potential take-profit points.
✅ Forex Signals: t.me/+1eNCww0VnIhkZjk0
✅ Gold Signals: t.me/+Lv-OaRnUglwyNGVk
✅ Index Signals: t.me/+tcp2c2diddE3MGU0
✅ Trading News: t.me/+o5xtmVcCPo9lMDRk
✅ Free Course:
t.me/+OYCcGLvaoMM3NGY0
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.