The-Deductionist

The-Deductionist

Based on the wave analysis, there is still one wave remains. However, the MACD says we are at the final wave and there is no uptrend anymore. If it doesn't break the support, Get a trigger for Buy Order.

The-Deductionist

Based on the wave analysis, the end of the 3-Wave is the huge resistance. Get ready for the A-wave and the C-Wave as a part of 4. Besides, based on the 2-Wave, the 4-Wave is going to take quite some time.

The-Deductionist

Find a nice trigger, and start selling. The Sell is truly more likely and has low risk...

The-Deductionist

Based on a Divergence, the Downtrend is not likely. Based on wave analysis, we are expecting a 3 or C wave. Therefore, it is going to be Sharp...

The-Deductionist

Based on the Wave analysis, and considering the indicators, I think the break is more probable. Wait for the right trigger...

The-Deductionist

Based on the Existence of two huge Divergences, the break of the resistance is improbable. In any timeframe, and with the right trigger, the Sell Order is Valid and less risky.

The-Deductionist

Based on the wave analysis, we should hit the Fibo 1.618. However, it may rest a little and then goes higher.

The-Deductionist

Based on the Wave analysis, there exists one wave to complete the uptrend. However, wait for the right trigger and then start buying...

The-Deductionist

The maximum downtrend is the red trend line which is the C-wave. Get a trigger and start buying for the first target!

The-Deductionist

Due to the existence of a solid channel and wave analysis, the Sell Order is more likely. I think it will break the channel with a sharp 5 waves ... Then we have a 3 wave correction as a pullback to the channel

The-Deductionist

Wait till the end of the B wave, then you can start selling with the target of the bottom of the channel which is also the Fibo Ret 61.8%

The-Deductionist

If you are a conservative trader, wait till the bottom of the channel for another Buy Order. If you are going to risk, start selling GBP. However, it is going to rest, and not necessarily going down!

The-Deductionist

Although the uptrend is most likely, you should get a solid trigger for the buy order.

The-Deductionist

Unless it breaks the channel, the only viable trend is downward. The wave analysis and the Divergence supports my idea.

The-Deductionist

The trigger is the Fibo Extension 1.618. This is where I think the uptrend needs a correction and a pull-back to the channels.

The-Deductionist

It is full of correction waves and Triangles... Zoom in, You will find multiple triangles. It is great for trading.

The-Deductionist

This is the end of the down-trend. Get a trigger and buy. Trigger1: Breaking the 4th wave of the last wave Trigger2: Breaking the red trend line Trigger3: Breaking the pink channel

The-Deductionist

Based on wave analysis, we are at the end of wave 3. Get ready for a time-consuming 4th wave. Then, relying on the 4th wave, we can go for 100 grand Bitcoin and the end of the 5th wave.