Bullish case from here is that this whole move is an ascending broadening wedge which we have seen on micro levels through this whole move.
F & the textbook AB=CD is an imediate short term target
if Bitcoin is bullish we would expect to find support around the 0.382% fibo level. which is also the diagnonal support.
A target for ths move higher will be towards ATH.
Bearish case would be "F" failing to hold and an accellerated selloff, or a test of "f" reattempt at $10k previous support which would be rejected.
I Would expect to potentially see a correction to 61.8% where we have the final CME Gap to be filled.
Plan immediate
1. Remain hedge into F region and go to flat
2. if we fing support at $10k and break above and close above C the i will close hedges and start looking to be leveranging long again.
3. F/D fails to hold the i re-hedge - need to see strength of the dump beforre shorting
God above all
F & the textbook AB=CD is an imediate short term target
if Bitcoin is bullish we would expect to find support around the 0.382% fibo level. which is also the diagnonal support.
A target for ths move higher will be towards ATH.
Bearish case would be "F" failing to hold and an accellerated selloff, or a test of "f" reattempt at $10k previous support which would be rejected.
I Would expect to potentially see a correction to 61.8% where we have the final CME Gap to be filled.
Plan immediate
1. Remain hedge into F region and go to flat
2. if we fing support at $10k and break above and close above C the i will close hedges and start looking to be leveranging long again.
3. F/D fails to hold the i re-hedge - need to see strength of the dump beforre shorting
God above all
Trade active:
Comment:
Trade active:
Comment:
WOOOOOOOOW! PUMPT IT!
WOOOOOOOOW! PUMPT IT!
Comment:
Target - B. - E. = 22800
Target - B. - E. = 22800
Comment:
Bull Market - Symmetrical Triangle Elliott Wave Pattern
Target ~ 15k
Bull Market - Symmetrical Triangle Elliott Wave Pattern
Target ~ 15k
Comment:
Trade active:
A 4 Hour view of the same chart. The current price action looks like it wants to head to the lower Fibonacci line.Nice bounce off the Fibo. Maybe we will get a decent pullback at this time....
A 4 Hour view of the same chart. The current price action looks like it wants to head to the lower Fibonacci line.Nice bounce off the Fibo. Maybe we will get a decent pullback at this time....
Comment:
Trade active:
God is with me always
All going as planned.
The target? THE MOON!
God is with me always
All going as planned.
The target? THE MOON!