Bitcoin #BTCUSD - first target hit, still more to room to rally
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The price reached $ 8,438 or 38% Fibo. Possible slight corrective drops. Support at $ 7,506 must withstand the pressure of supply so that the gains are still in play.
Apr 19
Comment:
This is developing by the book: one more small sub-wave to the downside needed.
👨💼Sebastian Seliga - elliottFXtrader.com
👥Head of Analysis & Trading at BitBay
❌Podane informacje nie są rekomendacjami handlowymi
👥Head of Analysis & Trading at BitBay
❌Podane informacje nie są rekomendacjami handlowymi
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My Personal Journey with BTC
I'm still trying to figure out what happened in the market these days.
Maybe I'm wrong, and maybe I'm right, in any case, there are a lot of things to learn.
I'll find patterns, tricks and ideas and learn about all of them and I'll post a lot of updates here. Be with me and let's figure it out together.
I'm still trying to figure out what happened in the market these days.
Maybe I'm wrong, and maybe I'm right, in any case, there are a lot of things to learn.
I'll find patterns, tricks and ideas and learn about all of them and I'll post a lot of updates here. Be with me and let's figure it out together.
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https://www.tradingview.com/chart/uJLzcrfg/
whats your opinin on this Sebastian ? ( The bigger triangle) ?
whats your opinin on this Sebastian ? ( The bigger triangle) ?
Reply
Looks pretty true... BTC needs a minor healthy correction, and slowly, little by little, consolidate it's price higher and higher back to where it was before the major Jan 2018 correction we had ($13,000)
By May 2018 its highly likely BTC will be back to at least $9,500, and after that, on another bull run to new all-time highs.
By May 2018 its highly likely BTC will be back to at least $9,500, and after that, on another bull run to new all-time highs.
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