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LukeSkywalker

YOU PROBALLY HAVNT BEEN PAYING ATTENTION TO BTC - 4K LONG SETUP

Long
Bitcoin (BITMEX:XBT)  
LukeSkywalker Updated   
BITMEX:XBT   Bitcoin
Trend Analysis Elliott Wave elliottwaveprojection BTCUSD BTCUSDT btcusdlong Bitcoin (Cryptocurrency) bitcoinforecast Fibonacci Retracement
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trendanalysis elliottwaves elliottwaveprojection btcusd btcusdt btcusdlong bitcoin bitcoinforecast fibonacciretracement
On my last analysis we gotten a long opportunity around 3580. I am holding this long until 3830, where we should be seeing a 4th wave down for the retracement.

Then it is to be expected that we would see a 5th wave up targetting 3990.

Since we are developing som sort of wedge there is going to be alot of resistance around the 4k area.

Comment:
Last idea:

THE NEXT BITCOIN LONG SETUP FOR ANOTHER 20% GAIN
Comment:
We failed the 3rd wave. Next up is possible a bounce from the wedge, if that fails, we may go below it and hit 3450 next for the 5th wave down. It may be a good idea to place some buys around 3450.

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