BITCOIN VIDEO UPDATE / BACK INTO CHANNEL / EMA CROSS 17K TARGET
Updated
Everything explained in video, sorry for 20 min long but wanted to show everything what i think about it.
-We could see another 70% gain historically from the EMA cross which puts us at 17k target
-Same thing shows Elliot Wave theory if we get 261 ext for wave 3 and 78.6 for wave 5.
-Watch for 21EMA and 55EMA on 4hr which confirms uptrend strength.
Good luck and trade smart !
-We could see another 70% gain historically from the EMA cross which puts us at 17k target
-Same thing shows Elliot Wave theory if we get 261 ext for wave 3 and 78.6 for wave 5.
-Watch for 21EMA and 55EMA on 4hr which confirms uptrend strength.
Good luck and trade smart !
Note
So far so good , bitcoin bounced of 21ema on 4hr and now we are fighting 25MA on 1hr which has been resistance. If we break this, expect a move back to 12300-12400 first and than higherNote
If we fail with the 21EMA on 4hr we will move to 55 which is around 11150, also bottom of my channel. Opportunity to buy there
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