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weslad
Mar 14, 2019 7:29 PM

Bitcoin Big wave 4 in progress target 5k zone Long

Bitcoin / TetherUSBinance

Description

Hi guys, still on same target, I believe we have all possible chance to test out 5k level soon before we go for final correction bottom.

Kindly follow the suggested accumulation zone on the chart and always remember to apply stop loss.

Level to watch for are:
POSSIBLE ENTRY ZONE
Possible Support LEVEL
SELL TARGETS

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Thank you

Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.

Set up an entry/exit strategy for every trade, with good risk/reward ratio.

Trade active

Price forming potential Rising wedge, we should expect this to break down.

Trade active

Hey guys we have our next resistance at 4000$ and 4072$ keep an eyes on it

Trade active

This was my previous idea which really nailed this move clearly.

Trade active

Trade active

Trade closed: target reached

Going great some of the sell target achieved
Comments
JDchart
I like the idea. Playing it safe personally.
Dont know about the 5k target. But looking at near double top for now. However a drop to 3600 zone isn't out of question before the wave up.
weslad
@JDchart, thanks man
CryptoEngineering
Getting excited!


TAO7
I agree with you we are into 4th wave!
But i rather see an ABC, right now we are printing the C.
According to Forster and Precther, C waves are always 5wave structure.
I am not confident here, did we just made 5...
or we just did 1(5subwaves), staying in 2 and getting ready for 3 sprint...


Personally I would not be so confident to 5k target, but it is right that is the potential target!

SUBSCRIBED
TAO7
@TAO7, I am also still open to a consilidation ABCDE for the 4th wave...
Namah-Te
Chrismikky
Yea, have a similar idea. hand cross now. waiting for BTC decision
weslad
@Chrismikky, thanks for sharing with us
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