Paulecolor

Paulecolor

On this EW weekly count, it seems that we are in the buy zone. The 1-2, and 3-4 legs respect the EW rules and they hit the targets accordingly. The fib levels also confirm this scenario. This is a long-term play but the good part is that the longer the time interval the higher the probability of working out and of course the higher the payout.

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As you can see, there is a pattern of tops and bottoms on BTC if we look on the logarithmic scale with fibonacci settings also on log. If this patterns continues we gonna have the next top on 200.000 area and the next bottom to 60.000 area. We have no reason to believe this pattern is broken so let’s see if and when we go there.

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This aligns with the BTC correction chart. We have the signs of a correction: bearish divergence, fibonacci levels, elliott wave count and the bearish divergence pattern which will confirm when it breaks down. *THIS IS NOT TRADING ADVICE. DO YOUR OWN RESEARCH. TRADE AT YOUR OWN RISK.*

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The Elliot Wave count, fibonacci levels, bearish divergence and the futures gap are signs for a correction but the rising wedge break will confirm it. Let's see if it plays out. *THIS IS NOT TRADING ADVICE. DO YOUR OWN RESEARCH. TRADE AT YOUR OWN RISK*

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—This is not trading advice— If this plays out🙏 we are in for a ride🔥🔥🔥

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---This information is not a trading advice. It is for educational purposes only--- Buying opportunity before Big Pump. Long term targets 880ish, 2600ish, 4200ish.

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---This information is not a trading advice. It is for educational purposes only--- This seems legit.

Paulecolor Updated 

Looking at the big picture the elliott wave and the emotional cycle becomes more obvious and i think the bearish trend will last a little longer than we want but i think that we gonna have a bounce to get a complacency at monthly interval than we gonna fall to 1165-1300 area. Let's see how this plays out.

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---This information is not a trading advice. It is for educational purposes only--- I think on short term we gonna drop to 2400 area then a rise to 4200 area.

Paulecolor Updated 

Waiting for the breakout confirmation to enter. The target could be much higher.