kingali08

kingali08

A clear zigzag form for BTC

kingali08

We might hit the monthly support area which is 26k plus.

kingali08

One leg up for eth and btc.

kingali08

i see a corrective move. in that case, we migght see one leg up.

kingali08

looking for this scenario

kingali08

This move confluence with the gap below..

kingali08

if it breaks above we will hit the 2nd line.. if it creates higher low break the rectangle, i am expecting 10k level.. :) Based from Elliot wave pattern we are in wave. Expecting a Wave 5 for the completion of this dump..

kingali08

heres my target

kingali08

I will keep shorting bitcoin

kingali08

Long here

kingali08

If you are bearish you can short now.

kingali08

Long from here to 10600

kingali08 Updated 

Watch 11200 or 11700 on which way we are going to bounce.

kingali08

BITMEX:XBTUSD Expect 104xx bounce.. Take Profit here.. and reshort at the higher price.

kingali08 Updated 

Analysis: 1. C wave is 98% complete 2. 12345 wave are there 3. Corrective Pattern Next 4. Look Left and you will see an order block 5. Resistance baby I will ladder my shorts from here... up to 11250.. Stop loss: 11400.. Don't miss this short opportunity.. :) Tip Jar: 36ETpp8MSujL8tfVSmMSpSk83KqjUyDQz2

kingali08

We are currently in wave 4 and btc is struggling to break the resistance. But once we break that resistace, expect 11k-11,400 target as your exit point.

kingali08

Im playing this pattern for BTC. Wave 2 might not be done yet and can go back to 12k. When it does, I'll ladder my short ...

kingali08

bearish