Buy-Setup using by Elliott Wave on Bitcoin!
Updated
Third-wave that did travel more than 161.8% of Wave-1 is considered as an Extending Wave.
@ 4 Wave completed at 9126 or waiting for 9020?
Support 50% retrace at 9209 and 9020 if flat correction between of wave 4.
Buying advisable above 9200 for target 9537/9700 and 5th wave target between 10004 & 10201
=> Parallel Channel traced from 2-wave connecting to wave 4 where is clear current support.
----------------------4-Hours---------------------
Target 10880 - Bitcoin/Elliott-Wave Theory (Swing Traders)...!
----------------------4-Daily---------------------
Kinnari + Elliott's wave theory (5 + 3 = Waves), Bitcoin!
@ 4 Wave completed at 9126 or waiting for 9020?
Support 50% retrace at 9209 and 9020 if flat correction between of wave 4.
Buying advisable above 9200 for target 9537/9700 and 5th wave target between 10004 & 10201
- Stoploss will be below 9020?
=> Parallel Channel traced from 2-wave connecting to wave 4 where is clear current support.
----------------------4-Hours---------------------
Target 10880 - Bitcoin/Elliott-Wave Theory (Swing Traders)...!
----------------------4-Daily---------------------
Kinnari + Elliott's wave theory (5 + 3 = Waves), Bitcoin!
Trade active
I am not going to update any more.... I am sorry to say you this.Note
Ready for First Target in Bitcoin.Trade closed: target reached
Moved was fantastic.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.