BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
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OK, that is fine! We wouldn't say "no" to just a false pump break. Currently there is no weakness in the price stepping down from the pivot $10.2K and therefore we assume that there will be a further decline with re-entering the descending channel . All in all the market is tensed with several officials talking in favour crypto regulation easing. On the other hand, judging by the graph, such incentives are on the eve of exhaustion and that would be the move we are supposed to catch over the week end or next week. A sunny one to you with your working positions in place!

Kerstin Ohlsson
Xena Exchange Swinger

Comments



It remains valid so long and the price does not break below and invalidates the count. If it does break below then my expectation would be to complete a larger 3 wave ABC down and start the new 5 wave count up from there. Unless and until this count gets violated I'm sticking with it. A 1 hour view of the current price action from the same chart above. It is quite incredible how the waves keep hitting their marks. I'm not saying I'm always counting it correctly, but there is no denying the patterns keep repeating according to the numbers.

*** STOP LOSS (9.499.99)

Good luck

God above all!
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Price stuck : daily TF wave up remaining: weekly bar cannot close green:
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I'm new to tradingview and long time bitcoin hodler.
Just stumbled on your idea, it's funny how you traders call for LONG and day after you publish idea SHORT. I mean what's the point, don't call for long if you are not sure.
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@tojeivan, TradingView is a community for learning and sharing ideas that may be right or wrong. So criticize positively or just walk away.
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Very funny
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Didn’t work
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if has broke descending purple channel... it's harder than after, dump... it will be easier goes up
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so what u thing is go down or up
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