now nothing to surprise here for me that Bitcoin change the as projected in chart, obviously market always have surprises for you and you should be flexible with your trading style and quickly change your mind if things dont go according to your plan.
now according to above pattern prices have change their formation but the allover direction is same so we can assume that bears are still strong and allover result of this formation could be a massive drop . but as always every growth goes through a correction and every correction goes through a growth. so we definitely can expect a pump from here of 1000$ to 1300$ and definitely its a great money making opportunty for us.
you'll see above two formations, the blue one is the higher degree and the orange one is lower degree pattern for more precise calculations. notice in projected pattern that after making a exactly between the levels of fib618 & fib786 prices exactly dump to the support of fib786, but here the prices dump upto fib1618 which is at 9140 and gained massive support.
now from here am expecting a pump towards fib786 which is around 10645 but this rally could also reverse from fib618 around 10330, after this rally prices could enter in triangular consolidation pattern for next few days which could breakdown.
meanwhile also have a look at this 4h wave formation chart, notice that waves are retracing from increasing fib levels, so there's a high probablity that this wave could retrace from fib618 around 10330
is also showing in 15 min chart, so definitely things look positive for bulls in this trade
when ive started to write prices were around 9350 and now it has already crossed 9800, so better you wait for a pullback or a corrective wave between fib1272 and fib1618, or 9150 - 9500 zone, its a good entry zone and could be hitted with the next corrective wave. meanwhile you can also trade on breakout of fib382 which is around 9870, so you definitely wont miss this rally.
Long #XBTUSD from 9150 - 9500 with upto 5-10x of leverage
thanks guys, do comment and share your opinion with us , we really like to read you guys and keep supporting by sharing and like our ideas. thankyou
this is Husain_Zabir signing out
best of luck
Look how beautifully wave 2 ended at fib786 and wave 3 begin to bang.
Eventually T3 10300 hitted with upto +110% profit with 10x leverage, congratulations guys