Have a look at my Elliot wave analyze, this small triangle is more probable. I expect price goes to 37500 and an small bullish move to 44000. As still haven't finish wave 4 we need to trade very carefully. I have updated last analyze. I am holding all my Long position and I am adding more margin to my long position at 38050. this means, in my opinion in mid-term still we have a bullish move to about 50000 dollars , in case price can be low till 34000 dollars before touching 50000. which will be a good opportunity to add more margin for long.
This analyze will be wrong if 34000 breaks.
This analyze will be wrong if 34000 breaks.
Comment:
I have moved my BUY LIMIT to 37650
Trade active:
Still waiting for the price to touch buying zone for long position. if you have short from 40k , suggested to close it now.
Still waiting for the price to touch buying zone for long position. if you have short from 40k , suggested to close it now.
Trade active:
Trade closed: target reached:
Now we are in the yellow box. please follow next analysis for further predictions
