BitcoinLong
BTCUSDT Analysis (LOCAL VISION)
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Everything on the chart.
We received another complication in the structure of bitcoin and the option with an upward impulse was canceled
because we fell too low and got the intersection of the alleged fourth wave with the first,
the only remaining option with growth(from point of view Elliott Waves) from the current ones is a triangle,
now I’m waiting for at least some a rebound to the area of 41-42k, and from 41-42k waiting for one more decline to the area of 36-37k.
Entry zone: 36-37k
Target: 42 - 46 - 51k
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
cancellation of growth - consolidation below 35k.
Risk/Reward: 1 to 5
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
We received another complication in the structure of bitcoin and the option with an upward impulse was canceled
because we fell too low and got the intersection of the alleged fourth wave with the first,
the only remaining option with growth(from point of view Elliott Waves) from the current ones is a triangle,
now I’m waiting for at least some a rebound to the area of 41-42k, and from 41-42k waiting for one more decline to the area of 36-37k.
Entry zone: 36-37k
Target: 42 - 46 - 51k
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
cancellation of growth - consolidation below 35k.
Risk/Reward: 1 to 5
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
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🎯PRIVATE CHANNEL & ACCOUNT MANAGEMENT services
➡For any question t.me/feel_positive
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