Bitcoin will test the support in 57000 area and this should be a good entry for a short-term long position for the end of wave 5.
the top of wave 5 will be reached between the 2 blue vertical lines.
Pay attention, after the top the market can correct very quickly sooo
DON'T BE STINGY
This is a short-term operation that could be very profitable.
A fifth wave expected on the blue rectangle.
56000 should be a good resistance where I will set my short entry. 56000 could also not reached reason why I started spreading my position in more little positions.
Fifth Elliott wave for these two targets
Target 1: 65000
Target 2: 72000
After this fifth wave a short entry would be very profitable.
I think if we will reach the targets it will be done between the 2 vertical line from 25/03-04/04
There is a big opportunity fon an entry short in the red area, this is only a correction for a bearish continuation.
the 2 green rectangoles are the first and the second targets, it will depend on the volume of the bearish continuation.
It also a formation of a head and shoulder, the right shoulder is in formation now. the firs idea for this movement was blocked...
Third Elliott wave is starting and we are on the buy zone!( green rectangle )
First target 54400
Second target 58800
Usually the third Elliott wave is the more extended and an entry in this area would be such aggressive.
Just a scalp idea for today
There. a possibility for a short intraday to 46300-46400, this target is also a possibility for an entry long
If the idea will be correct I think the target could reached by 10 hours from now
Si instaura un testa e spalle rialzista che potrebbe portare ad una correzione di breve termine verso i target di prezzo 1)49.000 2)50.400
Il target 1 rimane il più appetibile.
Successivamente mi aspetto una correzione al ribasso ad aggiornare i minimi