Strong Retracement Scenario: BTC 4h need to test $47k zone
As I mention before in my previous prediction, there is 1 scenario that bitcoin need a strong retracement before take of. Lets have a look together!
The chart above is the Idea that BTC will forming a bull flag pattern which contain 5 wave ABCDE. Up to now, we are in the D wave heading to 57.7k, during this time we will witness the altcoin wave, they all will pump around 50-200%, especially midcap coin.
After D, if the price did not break 58k, it has to be retrace down to 47.6k and completed 70% of the bull flag. We can have here a good entry for the next altcoin pumping wave, expecting from 200-500% profit during the way to 68k.
If you have any comment or idea, please let me know!
Please Like, Share and Follow my account, this will be the huge motivation for me continuing my prediction for the community. Thanks a lot!
Hope you guy have a big profitable week!
The chart above is the Idea that BTC will forming a bull flag pattern which contain 5 wave ABCDE. Up to now, we are in the D wave heading to 57.7k, during this time we will witness the altcoin wave, they all will pump around 50-200%, especially midcap coin.
After D, if the price did not break 58k, it has to be retrace down to 47.6k and completed 70% of the bull flag. We can have here a good entry for the next altcoin pumping wave, expecting from 200-500% profit during the way to 68k.
If you have any comment or idea, please let me know!
Please Like, Share and Follow my account, this will be the huge motivation for me continuing my prediction for the community. Thanks a lot!
Hope you guy have a big profitable week!
Trade active:
Done D wave on the right time!
Order cancelled
