ArShevelev

BITCOIN Elliot Waves Bull Cycle

Short
ArShevelev Updated   
BITFINEX:BTCUSD   Bitcoin
BTCUSD in big Elliot Wave channel, I expect Continuation of the Fall to support line (we in wave 3-4).

On chart you can see Blue Triangle Patterns, they are indicators of further movement. In case if Triangle Break Down - look at buy areas below and use money management:

First Buy area:
  • 10500-11500 (buy 40% of free USD)
Second Buy area:
  • 8200-9400 (buy 100% of free USD)

When to sell Bitcoins?
My selling strategy using money management:

Sell targets:
  • 20000 (sell 10% of free BTC)
  • 24800 (sell 20% of free BTC)
  • 31400 (sell 30% of free BTC)
  • 38500 (sell 50% of free BTC)
  • 50000 (sell 100% of free BTC)
Trade active
Trade active:
Breakout From Triangle!
Trade active:
DONE: First Buy area:
10500-11500 (buy 40% of free USD)
ACTIVE: Second Buy area:
8200-9400 (buy 100% of free USD)
Comment:
Notice: Daily candlestick closed above support level
Trade active:
Trade active:
Moving to Second Buy area:
8200-9400 (buy 100% of free USD)
Trade active:
Entering: Second Buy area:
8200-9400 (buy 100% of free USD)
Comment:
WOW CandleStick Pattern
Comment:
Hammer Candlestick, usually confirming price reversal:
Trade active:
Comment:
I posted This in Telegram group 5 hours ago, make sure you're subscribed to us and pinned group to top:
Trade active:
Bitcoin trading above support level
Trade active:
hanging on the support...

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