#Bitcoin - 2 Idea's #BTCUSD
Following idea for Bitcoin with 2 variants.
No.1: Short return to (e) and then break out upwards.
No.2: Potential bear trap (abcde would then be void and the run down would be 5-wave as c) and thus possibly about $1,000 rewind and then surprise the bears with a strong rise.
No. 1 is CRR too bad and therefore not tradable for me.
No. 2 would be in the example shown a CRR of 3.49 to 1 and thus in the rulebook. Optimum entry would then have to be sought, depending on the wave 3 of c.
Good luck and happy trades
Stefan Bode
No.1: Short return to (e) and then break out upwards.
No.2: Potential bear trap (abcde would then be void and the run down would be 5-wave as c) and thus possibly about $1,000 rewind and then surprise the bears with a strong rise.
No. 1 is CRR too bad and therefore not tradable for me.
No. 2 would be in the example shown a CRR of 3.49 to 1 and thus in the rulebook. Optimum entry would then have to be sought, depending on the wave 3 of c.
Good luck and happy trades
Stefan Bode
Note
Note
For a presumed 3, no dynamics appear to me on the BTCUSD. Without dynamic a move of a wave 3 is also unlikely. Therefore, long positions should be hedged at entry. In any case, my target range has not been reached and therefore I will stay out of the Bitcoin at midday. P.S. What does not want to rise, may want to fall.
Note
Note
Note
Be careful. No closing above $ 8.000!
t.me/stefan_bode_analysen
Zins oder Dividende? Aktien oder Anleihen? Was sind Wandeloptionsanleihen?
Immobilien oder Rohstoffe?
Rinderfarm in Südamerika.
Geld richtig investieren!
fondslounge.de
Zins oder Dividende? Aktien oder Anleihen? Was sind Wandeloptionsanleihen?
Immobilien oder Rohstoffe?
Rinderfarm in Südamerika.
Geld richtig investieren!
fondslounge.de
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.
t.me/stefan_bode_analysen
Zins oder Dividende? Aktien oder Anleihen? Was sind Wandeloptionsanleihen?
Immobilien oder Rohstoffe?
Rinderfarm in Südamerika.
Geld richtig investieren!
fondslounge.de
Zins oder Dividende? Aktien oder Anleihen? Was sind Wandeloptionsanleihen?
Immobilien oder Rohstoffe?
Rinderfarm in Südamerika.
Geld richtig investieren!
fondslounge.de
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.