BTC/USDT - short term Buy Zone entry (wave B)
Updated
Hi Traders,
As you can see, wave ((v)) of A is still ongoing. than My buy zones are Golden ratio of entire "bull Run" around 24K. Second Buy zone is 19-17,5K (More likely to HOLD us).
Than some retracement UP to 30-40K Range. (Wave B - we will count subwaves). And then Wave C.
Get ready, trade safe. Enjoy profits ;)
As you can see, wave ((v)) of A is still ongoing. than My buy zones are Golden ratio of entire "bull Run" around 24K. Second Buy zone is 19-17,5K (More likely to HOLD us).
Than some retracement UP to 30-40K Range. (Wave B - we will count subwaves). And then Wave C.
Get ready, trade safe. Enjoy profits ;)
Trade active
s3.tradingview.com/snapshots/k/kg3Iyd5a.png We can see HUGE rejectin of EMA 55 at 4H timeframe. So most likely there will be one more subvawe (v) of A. Or we are alredy forming wave C of correction.
Important is the direction (down).
Do yur homework and count subwaves on 1H-2H -4H ;)
Trade safe, have fun.
Trade active
Hi Traders, time to check Elliot Wave count on small timefframe (4H-8H) Seems like we are forming a triangle almost symetrical. Which indicates continuation pattern. = (wave 4)
So another move DOWN will come. My best guess is based on Fibonachi extension of wave1 (1:1, bcs wave 3 was extended 1.618)
s3.tradingview.com/snapshots/z/zETkNMpe.png
Be carefull in this market conditions, use stop loss. ;)
Trade active
We are aproaching end of Wave A ... now the question is if its going to be 1:1 with Wave ((i)) od extended. Trade active
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