UnknownUnicorn1540828

BTCUSDT : Bullish next target

POLONIEX:BTCUSDT   Bitcoin / Tether USD
Hi guys,

Small update. Sorry to be missing. lot of work as the school quarter finish for summer.

Lets go step by step.

MACD 1D still bullish. Standard wave 1-5 projection.

Lets see how it goes !
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target is betwwen 10.1k and 10.5k
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ill be able to identify subwave later, need a 0.618 retracement then i will start there for the 5th wave
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Could have this form. :
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might goes like this :
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invalid, wave 4 cant overlap with wave 1
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but im still thinking that we will have an another wave up. the count would be updated then
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this would be the count for 10.4k or so :
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i used my 10% fiat to buy this dip. thats why we should always have 10% on the side then sell it after to return to 10% fiat. lets see how it goes
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old count updated more :
real time update tonight !
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bottom is now for wave 2
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volume is here
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well i think that its all for tonight. Gn all and see you tomorrow ! hope i made a good deal by holding and buying with 10% fiat, fibo & EW still good with a bullish wick will make me sleep better.
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sell off have continue while i was sleeping but im like 1% loss so im holding.
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goping to work on chart and set stop loss
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I took profit of my gain from the holding from 6.6k. i will wait until price show clear evidence because i dont like to hold while im ambivalent. Heres the morning work :
Suffer few % loss from yesterday but overall i managed to have 70% profit in 2 weeks. Always stay humble !!
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the form seems to give higher probabilities to my last porjected target
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Volume seems to confirm that we touched C and going toward a corrective pattern
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First signs appears. 7.8k or so as target (like shown on my projection) for now. Will check in few hours if still valid as a buying zone
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7.8k still valid and strong value that re appears on my difeerent TA method. Im out fow now and not shy to wait for 7.8k or clear evidence that we going upward. For now, 4h MACD look bearish and 7.8k is the MA300 on the daily and correlate with support line i draw.
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the subwave analysis present bearish formation as you can see :
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