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OrigamiOracle

Bitcoin - $48,500 target

Long
Bitcoin (BITMEX:XBTUSD.P)  
OrigamiOracle Updated   
BITMEX:XBTUSD.P   Bitcoin
Fibonacci Elliott Wave
2
0
fibonacci elliottwaves
This would constitute an extended B wave, suggesting a very strong correction after reaching the target. Caution should be taken since the market is over leveraged and will fall hard when it finally corrects.

Side: long
Entry: 33800.0
Stop Loss: 29199.0
Target: 47444.0
RR(BTC): 1.80
RR(USD): 2.97
Trade active
Trade closed manually:
Trade closed in profit, origin head and shoulders prediction appears to be correct :
Bitcoin - Head and Shoulders 19-Jan-21
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