bitcoin look like establishing second top and can see a dip from here to 10400
then a upside possible with target of 26000 if the level supports . good day for short entry
The stock is at wave 2 stretch and will find support at 50% and 61.8% of wave 1 length.
Hence one can go short below 1763, for 1st Tgt of 1731 around and second Tgt of 1711 around. Tgt to be achieved within a week.
This is for education purpose only and not a true trading recommendation.
buy at or above=385
target=400,438,482
sl=340,365,395
taking support at gann level and fibonacci level,
supporting elliot theory,
high resistance breakout,
profitable for long swing trade
Short here
1.double top
2.stochastic rsi overbought
3.macd is in mood of downtrend
4.macd histogram already started to go down
5.a very strong candlestick pattern (hanging man)
6.high risk to reward ratio
7.elliot wave still holding
