Bitcoin
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BTCUSD not yet there. Patience should be rewarded soon though

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BTCUSD was not too appealing few days ago bit now has all my interest back!
Once we will have the weak longs from higher washed out, we should be in for a ride!
I'll be aggressive on this one and will get a shot at first equal leg area and will repeat as long as I get the right one (aggressive does not mean my risk will be higher: 2% of capital is the limit per trade, but means I don't need to have a risk of chance of success as per my own method).


Every week, for one particular cryptocurrency, in addition to the charts that I upload on TradingView, I will put the full comments and trade setup for different time frames:
- Daily on Sunday,
- 4h once a day during Asia session and
- 1h twice a day in Asia (post US) and Europe sessions.
This week 06/05/2018-12/05/2018, I propose ETHUSD


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Yorum
looks like red -1- is in place (cycle truncated)
Yorum
change of count with motive 5 waves down to account for RSI divergence and early end of sequence from 9,948.98 high
No change in view
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Yorum
BTCUSD is heading higher. Bounce should fail below 9,948.98 for another leg lower. Don't like to sell here or higher but buy lower if reached.

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Yorum
BTCUSD textbook correction.
Had the direction since April 2018. Patience has been rewarded.
Beyond Technical AnalysisBitcoin (Cryptocurrency)BTCBTCUSDCryptocurrencyWave Analysis

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