sebastian.seliga.7

Bitcoin #BTCUSD - the last chance for bulls?

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
The previous impulsive scenario has been invalidated due to the wave (2) and wave (1) overlap. The current scenario is still bullish , but this look like a last chance for bulls to do their thing, otherwise the bears will push the market below $5,820 support in a no time.
Mar 30
Comment: Anything under $5,920 will invalidate bullish impulsive scenario.
Mar 30
Comment: In order for bulls to recapture the uptrend flow, the level of $9,222 must be broken first.
Apr 03
Trade active: so far, so good: the first resistance broken.
Apr 04
Comment: It looks like the demand was beaten by the local resistance at the level of $7,500 and the chances for a rally are getting very thin.
👨‍💼Sebastian Seliga - elliottFXtrader.com
👥Head of Analysis & Trading at BitBay
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Incorrect. We're going down.
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The best and accurate analysis over the net
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Good analysis thank you very much!
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I don't think that bulls have some chances. Good analysis tho
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All you can refer this chart I draw few days ago:
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What is the lowest level? Green line for bullish scenario?
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@lukimaska, Under $5,920 the impulsive bullish scenario gets invalidated.
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What levels bulls need to recapture soon to keep bullish scenerio intact ?
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nsge sandip_thakrar
@sandip_thakrar, Above $8000, I think. If it doesn't happen too quickly then the price will go way down.
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