The bitcoin seemed to finish the elliot 1 wave, and came to the second wave.
In the bull market, I have checked the price range where the two waves can be concluded universally. The price range of about $ 7,800 corresponds to 38.2% of Fibonacci retracement and is a price range where many transactions are concentrated. It is a place to show strong support. Therefore, it is the price range that can be the appropriate buying interval, and the short stoploss thus becomes the price of $ 7600 which will affect 50% of Fibonacci retracement.
In the bull market, I have checked the price range where the two waves can be concluded universally. The price range of about $ 7,800 corresponds to 38.2% of Fibonacci retracement and is a price range where many transactions are concentrated. It is a place to show strong support. Therefore, it is the price range that can be the appropriate buying interval, and the short stoploss thus becomes the price of $ 7600 which will affect 50% of Fibonacci retracement.
Not
This analysis can be applied to both day trading and long term investment. For long-term investments, place Stoploss further down.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.